$SHIB — I'm watching the downside carefully here.
SHIB is trading around 0.000005138 after a 5.31% daily drop. The structure looks weak, with sellers still controlling the short-term move. I’d treat 0.00000500–0.00000510 as the first support area; losing it could open another leg lower.
Resistance sits near 0.00000535–0.00000550. I don't want to short directly into support — my preference is to wait for a breakdown, then a failed retest.
Entry idea: 0.00000500–0.00000510 after bearish confirmation
Stop-loss: 0.00000545
TP1: 0.00000485
TP2: 0.00000465
TP3: 0.00000440
If SHIB reclaims and holds above 0.00000550, I’d step aside and reassess.
Risk small. No setup is worth forcing.
This is my personal market view, not financial advice.
