$SHIB /USDT Bullish Momentum Continues, Watch for Potential Breakout

$SHIB /USDT has been exhibiting bullish momentum over the past few candles. The price has broken above the recent resistance level at 0.00002210 and is currently trading at 0.00002203. The Relative Strength Index (RSI) is hovering around the overbought zone, indicating strong buying pressure.

Entry:

* Long Entry: 0.00002203 (Current Price)

Key Levels:

* Resistance: 0.00002290

* Support: 0.00002190

Take-Profit Targets:

* TP1: 0.00002250

* TP2: 0.00002270

* TP3: 0.00002290

Stop-Loss:

* 0.00002190

Caution:

While the current price action suggests bullish momentum, it's important to exercise caution. The market is volatile, and the price could consolidate or even reverse direction. Traders should monitor the price closely and be prepared to adjust their positions accordingly. Look for stability at the current price level or a potential breakout above the resistance level at 0.00002290 for further bullish confirmation.

#SHIB #USDT #CryptoTrading #BinanceLaunchpoolBIO Binance #TechnicalAnalysis