$SHIB / USDT – Slow Decline With Support Compression
SHIB is trading near 0.00000595 following a mild drop, showing gradual selling pressure rather than aggressive liquidation. The meme coin remains sensitive to market sentiment, and reduced buying volume is allowing sellers to slowly push price toward support.
A strong defense here could trigger a bounce, while breakdown risk remains if sentiment weakens further.
Potential Entry Zone for Buyers:
0.00000560 – 0.00000585
Upside Targets:
• Target 1: 0.00000630
• Target 2: 0.00000680
• Extended Target: 0.00000740
Downside Levels to Watch:
0.00000540 – 0.00000500
Protective Zone:
Stop-Loss: 0.00000490
Market Bias: Slightly Bearish
Support reaction will determine whether consolidation or further downside follows.
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