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Watching SHIB closely after today's low
I'm keeping an eye on $SHIB after it touched 0.00000419 earlier today. It's a pretty critical retest of that range's lower bound, and while it's bounced slightly, I'd be looking for a sustained hold above 0.00000420 into tomorrow. A break and close below 0.00000418 would certainly invalidate any near-term bullish scenarios for me and could open up a move to fresh lows.
1 comments · 1 points
Yeah, that 0.00000418 level is key. If it can't hold there, it's hard to see any upside short-term.