$SHIB USDT Update šš
ā¢ Market Overview š§
SHIB is trading around 0.0000082, continuing a broader corrective phase after failing to hold higher levels.
ā¢ Price Action š
Price has been making lower highs and lower lows, showing controlled bearish pressure rather than panic selling.
ā¢ Trend Structure š
Higher timeframe structure remains bearish. No clear trend reversal has formed yet.
ā¢ Support Zone š¢
Strong demand sits around 0.0000067 ā 0.0000070. This zone previously absorbed sell pressure and remains critical.
ā¢ Resistance Zone š“
Immediate resistance lies at 0.0000090 ā 0.0000095. Major resistance is near 0.0000105 ā 0.0000110.
ā¢ Liquidity Insight š§
Sell-side liquidity below 0.0000070 has already been tested.
Buy-side liquidity is stacked above 0.0000095 and higher toward 0.000011.
ā¢ Possible Scenarios š®
If price holds above 0.0000080, a slow push toward 0.0000095 is possible.
If 0.0000070 breaks, downside volatility may expand toward lower demand.
ā¢ Final Note ā ļø
This is still a bearish structure with consolidation. Confirmation is required before expecting any sustained upside.
