Could SHIBA bounce from here?Price is falling towards a support level which is an overlap support that is slightly below the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.1670
Why we like it:
There is an overlap support that is slightly below the 50% Fibonacci retracement.
Stop loss: 0.1621
Why we like it:
There is a pullback support level.
Take profit: 0.1726
Why we like it:
There is an overlap resistance level.
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