$SHIB Liquidation Alert: $188K long position liquidated at $0.0256!
Market Breakdown for $SHIB
Liquidation Details:
A massive $188K long position was liquidated at $0.0256, triggering sharp sell pressure and volatility in $SHIB .
Current Price Action:
The liquidation drop opens up a potential support level, but caution is necessary as the market could test further downside if bearish momentum continues.
Entry Point:
Consider entering near $0.0250, where support could hold after the liquidation-driven dip.
First Target:
$0.0260 (short-term resistance).
Second Target: $0.0270 (key technical resistance level).
Stop Loss:
Set your stop at $0.0240 to limit risk if the market continues to show bearish pressure.
This $SHIB liquidation provides a crucial opportunity—capitalize within the $0.0250–$0.0270 range with disciplined risk management!