$SHIB /USDT Analysis and Target Update

Current Price: $0.00003014 (+3.61%)

24h High: $0.00003095

24h Low: $0.00002659

24h Volume:

SHIB: 16.24T

USDT: $469.43M

4h Chart Analysis

$SHIB /USDT has shown positive momentum, with a 3.61% increase in the last 24 hours. The price recently reached a high of $0.00003095 and has settled around $0.00003014. The volume remains strong, indicating solid interest in this meme coin. The chart shows a steady upward trend, with the price currently finding support around $0.00002800.

Key Levels to Watch:

Resistance: $0.00003200 – A breakout above this level could push SHIB towards its 24h high of $0.00003095 or higher.

Support: $0.00002800 – A key level to maintain the bullish trend. A drop below this could bring the price closer to $0.00002600.

Targets:

Short-Term Bullish Target: $0.00003200

Extended Bullish Target: $0.00003400

Bearish Pullback Target: $0.00002800

Trend Outlook:

SHIB/USDT is showing solid bullish momentum, with the price staying above the $0.00002800 support level. If the price continues to hold this support, the upward movement could push SHIB to higher levels. Keep an eye on resistance at $0.00003200 for further bullish continuation. Traders should watch for potential pullbacks to the support zone around $0.00002800.

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