🚨 $SHIB SHIB/USDT PULLS BACK: Testing $0.00002906 After Hitting $0.00003316 – What’s Next? 🚨
Shiba Inu (SHIB) is currently trading at $0.00002906, down -7.43%, after a sharp rejection from the local high of $0.00003316. The meme coin is now consolidating as traders assess its next move.
💡 Key Levels to Watch:
Resistance: $0.00003316 – A breakout above this level could lead SHIB toward $0.00003403 or even higher.
Support: $0.00002767 – If SHIB fails to hold above this zone, a deeper pullback toward $0.00002132 could be on the cards.
📉 Bearish Scenario: Continued selling pressure may drive SHIB to test lower supports at $0.00002767 or even $0.00002132.
🚀 Bullish Scenario: A recovery above $0.00003000 could regain momentum for another attempt at $0.00003316 and beyond.
💡 Trading Insight: Monitor for volume spikes to confirm directional moves. Use tight stop-losses to protect gains in this volatile phase.