$SHIB is trading at a critical area right now. After a steady downtrend, price has reached a zone where buyers have previously stepped in. Selling pressure looks lighter here, which often signals exhaustion from the downside move.



If this support holds, a relief bounce toward higher levels wouldn’t be unexpected. However, failure to defend this area could open the door for further downside.

This is a key moment for SHIB patience and confirmation matter here.

#ShibaInu
SHIB-0.78%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
DogPeakvip
· 12-19 00:45
$SHIB is currently in a critical zone. After experiencing a stable downtrend, the price has reached the area where buyers previously stepped in. The selling pressure here appears lighter, which usually indicates the exhaustion of downward momentum. If this support level can hold, a rebound to higher levels would not be surprising. However, failure to hold this area could open up further downside space. This is a key moment for SHIB to be patient and confirm.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)