1000SHIB Ready for a Massive Move? Key Support Holding Strong!
🔍 Market Analysis & Trade Opportunity
The (
1000SHIBUSDT.P ) pair is sitting at a critical support zone, showing signs of potential reversal. With buyers stepping in and multiple rejections forming, this level could act as a launchpad for the next bullish rally.
🧐 Why This Setup is Important?
✅ Strong Support Zone: Price is testing a key demand area that has historically led to strong bounces.
✅ Rejection Wicks: Sellers tried pushing the price lower, but buyers are stepping in aggressively.
✅ Potential Bullish Move: If this support holds, we could see a rally toward major resistance levels.
📌 Key Levels to Watch:
🔹 Support Holding: Grey Box
🔹 Breakout Targets:
TP1: 0.012665
TP2: 0.013221
TP3: 0.013797
TP4: 0.014465
TP5: 0.015661
🚨 Stop Loss (SL): 0.011777 / 4H CC (To manage risk effectively)
🔥 Will 1000SHIB Bounce or Break Down?
This level is make-or-break for SHIB! If support holds, it could trigger a major rally. But if it fails, lower levels could come into play.
👀 What’s your bias? Are you bullish or bearish? Drop your thoughts in the comments! ⬇️
🚀 CMP Crypto Insights – Stay tuned for more premium trade setups & market updates! 🚀
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The (
1000SHIBUSDT.P ) pair is sitting at a critical support zone, showing signs of potential reversal. With buyers stepping in and multiple rejections forming, this level could act as a launchpad for the next bullish rally.🧐 Why This Setup is Important?
✅ Strong Support Zone: Price is testing a key demand area that has historically led to strong bounces.
✅ Rejection Wicks: Sellers tried pushing the price lower, but buyers are stepping in aggressively.
✅ Potential Bullish Move: If this support holds, we could see a rally toward major resistance levels.
📌 Key Levels to Watch:
🔹 Support Holding: Grey Box
🔹 Breakout Targets:
TP1: 0.012665
TP2: 0.013221
TP3: 0.013797
TP4: 0.014465
TP5: 0.015661
🚨 Stop Loss (SL): 0.011777 / 4H CC (To manage risk effectively)
🔥 Will 1000SHIB Bounce or Break Down?
This level is make-or-break for SHIB! If support holds, it could trigger a major rally. But if it fails, lower levels could come into play.
👀 What’s your bias? Are you bullish or bearish? Drop your thoughts in the comments! ⬇️
🚀 CMP Crypto Insights – Stay tuned for more premium trade setups & market updates! 🚀
🔥Don't forget to press the 🚀 Boost button to support me—every boost helps! 💙
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.