$SHIB $SHIB

✨📈SHIB/USDT Technical Analysis

Current Market Overview

  • Price: $0.00002478 (+2.02%)

  • 24h High: $0.00002577

  • 24h Low: $0.00002391

  • 24h Volume (SHIB): 8.71 trillion

  • 24h Volume (USDT): $215.94M

Key Levels

Support Levels

  1. Immediate Support: $0.00002425 (recent dip zone).

  2. Key Support: $0.00002390 (24h low, strong support).

  3. Critical Support: $0.00002350 (historical support).

Resistance Levels

  1. Immediate Resistance: $0.00002529 (recent high).

  2. Key Resistance: $0.00002577 (24h high, breakout level).

  3. Extended Resistance: $0.00002650 (psychological barrier).

🤑Trading Strategy

Bullish Scenario

If the price breaks above $0.00002529, potential targets:

  • Target 1: $0.00002577

  • Target 2: $0.00002650

  • Extended Target: $0.00002700

Bearish Scenario

If the price drops below $0.00002425, expect potential levels:

  • Target 1: $0.00002390

  • Target 2: $0.00002350

  • Extended Target: $0.00002300

Stop-Loss Recommendations

  • For Long Positions: Below $0.00002400

  • For Short Positions: Above $0.00002580

Indicators to Monitor

  1. Moving Averages:

    • MA(7): $0.00002468 (acting as a pivot).

    • MA(25): $0.00002477 (currently aligning with price).

  2. RSI: Ensure RSI does not enter overbought territory (>70) before entering longs. #SHIBAUSDT #SHib #COSSocialFiRevolution #BTCBreaks100K? #CryptoAMA