$SHIB 🔥🔥🔥🔥

/USDT Technical Analysis: Analyzing the Current Market Trend

The SHIB/USDT pair has been experiencing a -3.54% dip in the last 24 hours, currently priced at 0.00002590. However, a +0.43% uptick in the last 15 minutes could suggest a potential short-term recovery. Let’s dive into the key technical levels:

24h High: 0.00002695

24h Low: 0.00002532

Volume (SHIB): 3.78 trillion

Volume (USDT): 97.96 million

Key Levels to Watch:

Support Level: 0.00002532 (24h Low)

Resistance Level: 0.00002695 (24h High)

A potential breakout above 0.00002600 could signal further upward momentum, while a dip below 0.00002530 may trigger bearish pressure. Keep an eye on volume shifts for confirming trend continuation.

📊 Moving Averages:

The short-term trend (15m & 1h) is showing slight positive momentum, suggesting that if SHIB holds above 0.00002590, we could see a retest of higher levels.

Stay tuned to the latest market data and adapt your strategy accordingly! #Binance #SHIB #CryptoAnalysis #TechnicalAnalysis #CryptoTrading