$1000SHIB IS RETURNING TO A SUPPLY ZONE THAT PREVIOUSLY REJECTED PRICE 📉
Entry: 0.00426 - 0.00438 🔥
Target: 0.00409, 0.00389, 0.00367 🚀
Stop Loss: 0.00470 ⚠️
The recovery from recent lows has pushed $1000SHIB back into an area that acted as resistance on the last structural breakdown. The move higher remains corrective in nature — price is compressing into a zone where sellers have historically stepped in. If buyers cannot secure acceptance above 0.00438, the path opens for a liquidity grab below the recent swing low.
Volume is already drying up on the hourly, suggesting momentum is fading at this level. Are you watching for a short rejection here?
Not financial advice. Always manage your risk.
#1000SHIB #ShortSetup #SupplyZone #Crypto
📉
Entry: 0.00426 - 0.00438 🔥
Target: 0.00409, 0.00389, 0.00367 🚀
Stop Loss: 0.00470 ⚠️
The recovery from recent lows has pushed $1000SHIB back into an area that acted as resistance on the last structural breakdown. The move higher remains corrective in nature — price is compressing into a zone where sellers have historically stepped in. If buyers cannot secure acceptance above 0.00438, the path opens for a liquidity grab below the recent swing low.
Volume is already drying up on the hourly, suggesting momentum is fading at this level. Are you watching for a short rejection here?
Not financial advice. Always manage your risk.
#1000SHIB #ShortSetup #SupplyZone #Crypto
📉