SHIB/USDT Technical Analysis 🐾📊
Buying, Selling, and Stop Loss Targets 🎯
Current Statistics:
Price: 0.00003031 USDT
24h Change: +0.95%
24h High: 0.00003095 USDT
24h Low: 0.00002659 USDT
24h Volume:
SHIB: 15.53T
USDT: 447.51M
---
Technical Analysis
Trend: Slight upward movement (+0.95%).
Support Levels:
Immediate: 0.00002914 USDT
Next: 0.00002824 USDT
Resistance Levels:
Immediate: 0.00003079 USDT
Next: 0.00003095 USDT
---
Trading Strategy
Buy Signals:
1. Support Buy: Look for buying opportunities near 0.00002914 USDT if the price stabilizes and shows signs of upward momentum.
2. Breakout Buy: Enter long positions if the price breaks above 0.00003095 USDT with strong trading volume.
Sell Signals:
1. Take Profit: Consider closing positions near resistance levels between 0.00003079 and 0.00003150 USDT.
2. Trend Reversal: Exit positions if the price drops below 0.00002824 USDT.
Stop Loss:
Set a stop-loss slightly below 0.00002824 USDT to mitigate risks.
---
Target Price Levels
Short-Term: 0.00003050–0.00003100 USDT
Medium-Term: If bullish momentum continues, aim for 0.00003200–0.00003300 USDT.
Key Observations
Monitor trading volume and market sentiment for confirmation of price trends.
Stay informed about SHIB-related news and community activities, as its price can be heavily influenced by market ..#Share1BNBDaily #Write2Earn! #BinanceBNSOLPYTH $SHIB