Major Liquidation on $SHIB !
A $50.8K long position was liquidated at $0.0259, highlighting a sharp downturn in price action.
The market for #SHIB is seeing strong volatility, with traders on edge.
•√• What’s Next for $SHIB ?
• Resistance Level: $0.0265 – Watch for a breakout here to trigger a potential rally.
• Support Zone: $0.0250 – A critical area to hold; if broken, further declines are possible.
•√• Strategy Suggestion:
• For Longs: Wait for confirmation above $0.0265 before entering.
• For Shorts: Keep an eye on price action near $0.0265, and enter only on a clear rejection.
Stay alert and always trade with caution—volatile conditions ahead!