$SHIB showing signs of weakness! 📉 $1000SHIBUSDT perpetual hovering around 0.00600 levels after failing to hold recent highs and printing lower highs in March 2026. Price rejected at 0.00616 zone, now testing below key EMAs with bearish pressure building – momentum fading fast on the daily!
Stochastics curling down from overbought, RSI dipping toward 50 with downside bias, and volume spiking on red candles signal potential pullback continuation. SHIB looks ready to retest lower supports after this choppy range – bears stepping in!
TRADE ALERT: SHORT $1000SHIB USDT NOW!
Entry around current levels ~0.00600
Take Profit: 0.00575 (next support cluster, ~4.2% downside)
Stop Loss: 0.00625 (above recent swing high for safety, ~4.2% risk)
Tight risk management essential – this could drop quick if momentum accelerates!
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