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$SHIB /USDT
Current price is showing strong selling pressure with a -3.50% change in the last 24 hours. After the recent rejection from higher levels, SHIB has entered a short-term bearish structure. On the 1H timeframe, lower highs and bearish candles suggest sellers are still in control, while buyers are struggling to reclaim resistance.
Trade Setup
• Entry Zone: 0.00000500 – 0.00000505
• Target 1: 0.00000495
• Target 2: 0.00000490
• Target 3: 0.00000485
• Stop Loss: 0.00000515
If SHIB loses the 0.00000495 support with strong volume, downside momentum could accelerate toward the lower targets. However, if buyers reclaim 0.00000515 with convincing volume, this bearish setup would be invalidated and a recovery move could begin.
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