The $SHIB 15-minute chart shows a period of intense volatility, with a sharp drop finding temporary support at 0.00000595. Currently trading at 0.00000603, SHIB is attempting a recovery but faces immediate resistance from the 21 and 25 EMAs near 0.00000605.
The MACD is beginning to curve upward, and a green histogram bar suggests that buying interest is returning at these lower levels. For a confirmed bullish entry, we need to see the price reclaim and hold above the EMA 99 (0.00000610). Failure to break resistance may lead to a retest of the recent lows.
SHIB Trade Plan
* Entry: $0.00000608 (on a break above immediate EMA resistance)
* Take Profit 1: $0.00000625
* Take Profit 2: $0.00000640
* Stop Loss: $0.00000590
SHIB
0.0₅563
-1.74%