🔻 $SHIB REJECTED AT HIGHS — PULLBACK RISK BUILDING
#SHİB is showing rejection just below the recent spike high, suggesting momentum may be fading after the impulse move.
📊 TECHNICAL STRUCTURE:
▸ Pattern: Rising structure → post-impulse distribution
▸ Behavior: Sellers stepping in near highs
▸ Bias: Bearish-leaning while rejection holds
🔑 KEY LEVELS:
• Resistance: **0.0000064**
• Support: **0.0000058**
🧠 WHAT TO WATCH:
If the rejection continues, price could rotate back toward the nearby demand zone around support.
⚠ INVALIDATION:
A strong reclaim and push above **0.0000064** weakens the bearish pullback thesis and shifts momentum back to buyers.
Rejection formed.
Now follow-through decides direction.