๐จ๐ฅ $SHIB AT A PIVOTAL LEVEL โ WILL IT HOLD OR FALL FURTHER? ๐ฅ๐จ
SHIB is hovering around 0.00001669, down 2.57%, as it tests critical support on the 15-minute Binance chart. The pressure is mounting โ can SHIB defend this level, or is another dip on the horizon?
๐ก CRUCIAL LEVELS TO WATCH: ๐ก
๐ง Resistance: 0.00001718 โ Breaking above this resistance could spark a recovery, inviting buyers back and possibly initiating an upward trend.
๐ Support: 0.00001619 โ This is the key line to hold. If SHIB slips below, we could see intensified selling, pushing prices lower and triggering bearish sentiment.
๐ MAKE-OR-BREAK MOMENT โ WHATโS NEXT? ๐ฎ
โ ๏ธ Downside Risk: A breach below support might lead to increased selling pressure, potentially driving SHIB to further lows. Watch closely if this level gives way.
๐ Recovery Potential: If SHIB finds strength and rebounds past resistance, a rally could unfold, as bulls regain momentum for a potential turnaround.