
$SHIB is showing weakness after a long-liquidation sweep at $0.00541.
The bullish setup becomes valid if price reclaims $0.00541 and holds above it. Sustained demand around this level would improve momentum.
Support
$0.00541
Resistance
$0.00541
Next target
$0.00541
Pro tip
A clean reclaim and hold above $0.00541 would strengthen the bullish structure.
EP
$0.00541
TP
$0.00541
SL
$0.00541
1000SHIB needs confirmation before a bullish continuation can be considered. Watch for a strong reclaim of the liquidation zone.
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