$SHIB /USDT - Bearish Trade Setup 🔥
Trade Setup:
$SHIB /USDT has broken key support levels, signaling potential bearish continuation. The trend is weak, making it a good shorting opportunity for high-risk traders.
Entry:
Short at 0.00002190.
Target Price (TP):
1️⃣ TP1: 0.00002150
2️⃣ TP2: 0.00002120
Stop Loss (SL):
Set SL at 0.00002230 to manage risks.
Risk-Reward Ratio:
~1:2.5 (depending on execution).
Technical Insight:
If the price struggles to reclaim the 0.00002200 resistance, momentum should favor the downside. Adjust your stop loss in case of sudden volatility.
Action Plan:
• Watch for volume and momentum to confirm the downward trend.
• Secure partial profits at TP1.
• Exit fully at TP2 to minimize prolonged market exposure.