$SHIB. Bounce Back Trade Setup – Rejection Zone Retest In Play


SHIB/USDT has shown signs of recovery after a sharp drop, currently trading at 0.00001219. Price is approaching a previous support-turned-resistance zone near 0.00001227. A successful breakout and close above this level could confirm bullish momentum toward 0.00001259. However, if price gets rejected again, it may retest the lower demand zone. Traders should watch closely for confirmation before entry.


Trade Setup:


Entry: 0.00001219 – 0.00001222


Target: 0.00001259


Stop Loss: 0.00001198

#SHIB #CryptoTrading #BreakoutSetup #Altcoins #BinanceTrades

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August 05, 2025 at 9:23 AM
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