$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.
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DogPeak
· 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.
$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