🚨 $SHIB /USDT Market Update 🚨

📈 Current Price: $0.00002020

Recent Activity:

- 24h High: $0.00002169

- 24h Low: $0.00001880

- 24h Volume (SHIB): 12.97T

- 24h Volume (USDT): $265.30M

Price Movement:

- SHIB has shown a notable increase of +6.32% in its value against USDT, indicating an uptrend in the market. However, there's a recent pullback, as evidenced by the latest 4-hour candles showing a decrease of 4.13%.

Market Insight:

- The price rally to $0.00002169 suggests strong buying interest followed by a consolidation phase near the $0.00002020 level, forming a potential support line.

Trade Strategy:

- Long Trade: Consider entering above $0.00002020 if the price sustains or rebounds off the support level. Target profits at $0.00002100 and beyond, with a stop loss near $0.00001950.

- Short Trade: Should the price break below the current support at $0.00001950, consider a short position targeting $0.00001880 and lower.

💡 Analysis Tip: Keep an eye on volume fluctuations and price stability around these key levels to gauge market sentiment and potential reversals.

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