🔥 SHIB at a Critical Support Level: Bounce or Breakdown?
The $SHIB chart is heating up. After weeks of consolidation, we are sitting right on a major historical support floor. Is this the "buy the dip" moment we’ve been waiting for? 🐕 📊 The Spot Signal: Entry Zone: $0.0000061 – $0.0000064 (Wait for a 4-hour candle to close in this range) Target 1 (Conservative): $0.0000075 (15%+ potential) Target 2 (Aggressive): $0.0000085 (The major resistance flip) Stop-Loss: $0.0000058 (Daily close below this invalidates the setup) 🔍 Why trade this? Oversold RSI: On the daily timeframe, RSI is hovering near 30–35. This often signals a relief rally is incoming. Exchange Outflows: Large "whale" wallets have been moving billions of SHIB off exchanges, reducing immediate sell pressure. Shibarium Privacy Hype: With the Q2 2026 privacy updates on the horizon, ecosystem utility is growing. ⚠️ Risk Warning: Always watch Bitcoin ($BTC ). If BTC breaks below its current support, altcoins like SHIB will likely see a deeper correction. Trade with a plan, not with FOMO! What’s your move? Are you Accumulating or Waiting? 👇 #Shibalnu #CryptoTrading. #Write2Earn #memecoin🚀🚀🚀 $SHIB