CRYPTONIC

$SHIB 30M CHART - Sharp Rebound Meets Overhead Supply

$SHIB has delivered a strong intraday rebound on the 30-minute chart after sweeping liquidity below the 0.00000710 support zone. The aggressive bounce signals active dip-buying and short-term momentum shift, with price now consolidating around the 0.00000735–0.00000740 region.

However, $SHIB is trading directly beneath a well-defined supply zone near 0.00000750, where previous sell pressure originated. This creates a classic reaction area between recovery strength and overhead resistance. A clean break and sustained acceptance above 0.00000750 would confirm continuation and open room for further upside expansion.

Failure to reclaim this level increases the probability of a pullback toward 0.00000710 to retest demand. Volatility remains elevated, suggesting resolution is imminent.

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