📉 $SHIB / USDT – Bearish Pressure Remains, Minor Relief Bounce Likely to Fade

$SHIB/USDT is showing a slight bounce after a sharp decline, but the 15-minute timeframe still indicates a bearish trend. Price is struggling below the 0.00001200 zone, which previously acted as support and is now turning into resistance. Without strong volume or a clean breakout above this level, the rally appears weak and could reverse soon.

đŸ”» Trade Setup:

Short Entry: 0.00001185 – 0.00001200

Take Profit Targets:

âžĄïž 0.00001150

âžĄïž 0.00001120

âžĄïž 0.00001080

Stop Loss: 0.00001225

📊 Market Outlook:

Unless bulls reclaim the 0.00001200 level with strength and volume, $SHIB/USDT is likely to continue moving lower. Caution is advised for long positions until a breakout or a higher low is confirmed.#SHIB #CryptoAnalysis" #Binance #TradingSetup $SHIB

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