🚹 SHIBA INU ($SHIB /USDT) at a Critical Point! Potential Bounce or More Decline Ahead? ⚡🎯

SHIBA INU has faced significant selling pressure, dropping 6.21% to its current level of $0.00001736. Will $SHIB find support at these levels, or could we see further declines? Here’s what to monitor closely in the upcoming sessions.

Market Overview:

24h High: $0.00001919

24h Low: $0.00001716

Moving Averages: Currently, $SHIB is below its 7-day MA of $0.00001740, reflecting short-term bearish momentum.

🎯 Key Levels to Watch:

1ïžâƒŁ Immediate Support: $0.00001710

This is SHIB's recent low, and holding above this level could signal a short-term bounce opportunity.

2ïžâƒŁ Resistance Level: $0.00001780

Breaking above this level may attract buyers, pushing SHIB toward a potential recovery phase.

3ïžâƒŁ Higher Target Resistance: $0.00001855

If SHIB regains strength and breaks past this level, it could start a more sustained bullish rally.

⚠ Bearish Scenario:

If SHIB fails to hold the immediate support of $0.00001710, it may experience further decline, with potential to retest deeper lows.

Stay informed and trade wisely as SHIB navigates these pivotal levels!#Therapydogcoin #SHIBArmy #SHIBUpdate #CryptoMarket #BinanceSquareFamily