$SHIB /USDT BEARISH CONTINUATION ALERT – SELLERS STILL IN CONTROL
Market Next Move (Bearish Bias):
$SHIB is showing weak bullish follow-through after a minor bounce, with price facing rejection near the upper intraday zone around 0.00000865–0.00000870. The structure suggests lower highs on lower timeframes, and momentum indicators (EMA/SAR/volatility) favor sellers. Unless SHIB reclaims and holds above the resistance zone with strong volume, the next likely move is a pullback toward lower demand levels.
📉 Trade Setup (SHORT)
Entry (Sell): 0.00000858 – 0.00000865
Stop Loss (SL): 0.00000878
Targets (TP):
TP1: 0.00000840
TP2: 0.00000826 (day’s low / key support)
TP3: 0.00000810 (extended bearish target if breakdown continues)
📌 Risk management is crucial — trail SL once TP1 is hit.
🔍 Technical Notes
Price trading below key short-term EMAs, acting as dynamic resistance
Volume declining on up-moves, indicating weak buying interest
Support at 0.00000826 is critical; a clean break can accelerate selling pressure
🌐 Market Outlook
Overall sentiment for SHIB remains cautiously bearish in the short term. Meme coins are showing reduced volatility and fading momentum, making them vulnerable to sharp drops if broader market weakness continues. Bulls need a strong reclaim above 0.00000870 to invalidate this bearish setup.
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