#SHIB Really A Big loser after #PEPE in last 2 weeks ...SHIB lose almost 40% values ... A really biggest drop...
$SHIB Price Analysis: Sharp Decline Continues..
$SHIB is trading at $0.00002033, down by 15.61% in the last 24 hours. The price recently touched a low of $0.00002025, reflecting sustained bearish momentum after failing to hold key support levels.
Key Levels to Watch:
Support: $0.00002000 – Breaking below this could lead to further downside toward $0.00001950.
Resistance: $0.00002450 – A rebound above this level is essential for any bullish recovery.
Trade Setup:
Entry Point: Around $0.00002033 for a cautious long or a breakout short below $0.00002000.
Targets:
1. $0.00002200 (short-term recovery)
2. $0.00002450 (key resistance zone)
Risk Management:
Stop-loss: $0.00001990 to limit potential losses.
Market Insight:
The heavy drop in $SHIB's price indicates seller dominance, but oversold conditions could prompt a short-term bounce. Watch closely for volume spikes signaling potential reversals.
