SHIB/USDT Market Analysis ๐๐
Shiba Inu (SHIB) is currently trading at 0.00002171 USDT with a +3.48% increase in the last 24 hours. Here's a quick breakdown of the key insights:
๐ Key Stats:
24H High: 0.00002203
24H Low: 0.00002048
24H Volume (SHIB): 2.92T
24H Volume (USDT): 61.86M
๐งโโ๏ธ Moving Averages:
MA (7): 0.00002171
MA (25): 0.00002170
MA (99): 0.00002169
The short-term moving averages are converging, signaling a possible breakout ๐ or consolidation ahead ๐. Keep an eye on these levels for potential trends.
๐ Timeframes:
Today: +0.60%
7 Days: -5.24%
30 Days: -13.69%
90 Days: +21.51%
180 Days: +50.83%
1 Year: +128.08%
SHIB is demonstrating strong long-term gains ๐, despite short-term volatility ๐.
๐ก Conclusion:
SHIB is showing bullish momentum in the short term ๐, supported by increased buying volume and positive sentiment. However, past weekly trends suggest caution โ ๏ธ as pullbacks are possible. Traders should watch for resistance near 0.00002203 and support around 0.00002048.
Trade wisely! ๐ ๏ธ๐พ