📉 Shiba Inu ( $SHIB ) pulls back to $0.000012 but holds above key support after a sharp correction


SHIB is trading at $0.00001200, down ~1.8% on the day. Despite the drop, bulls are defending the $0.0000103 support zone, and the structure hints at a possible reversal.


📊 Indicators:

▪ Cup & handle forming since May

▪ Double bottom support at $0.0000103

▪ 1T SHIB removed from exchanges — whale accumulation in play


📌 Key levels to watch:

• Resistance: $0.00001710 → $0.00002390

• Support: $0.00001030 → $0.00000950


SHIB is consolidating now — but a breakout above $0.0000171 could trigger the next leg up.

⚠ As always, DYOR before making any move.


#ShibArmy #SHIB

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August 03, 2025 at 9:05 PM
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