$SHIB Trading Analysis:-
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- SHIB identified as strong by metrics, but market seen as bearish.
- Previous consolidation, advised waiting for breakout, but crash led to bearish breakout.
- Some overnight recovery from Bitcoin, but current momentum neutral.
- Expect SHIB to follow downtrend, testing support levels at 2400-2500 and 1800-1750.
- High correlation with Bitcoin at 96%.
- If Bitcoin breaks 65,000, SHIB could rally to at least 2750 from main resistance at 2450.
- Prepare for continued bearish pressure, watch 2400-2500 level for breakout.
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