🚨 $SHIB /USDT: Testing Key Levels – Will the Bulls Return? 🚨

$SHIB is currently trading at 0.00002402, down 5.21% in the last 24 hours. After touching a 24-hour high of 0.00002621, $SHIB is now consolidating, setting the stage for potential movement in either direction.

Key Levels to Watch:

Target 1: 0.00002480 – Immediate resistance; breaking this could signal a recovery.

Target 2: 0.00002525 – A crucial level for bullish continuation, attracting buying pressure.

Target 3: 0.00002650 – Retesting this level could spark significant upward momentum.

Support Zones:

Support 1: 0.00002380 – A key level to hold to prevent further downside.

Support 2: 0.00002320 – A critical fallback zone if selling pressure intensifies.

Market Insights:

MA Analysis: SHIB is trading below its 7-day (0.00002449) and 25-day (0.00002489) moving averages, signaling short-term weakness. A move above these could restore bullish sentiment.

Volume Update: With a trading volume of 9.07T SHIB, market interest remains high despite the recent dip.

Next Move:

If SHIB can reclaim 0.00002480, it could rally toward 0.00002525 and possibly retest 0.00002650. However, losing support at 0.00002380 may result in further downside. Keep an eye on volume and price action for clues!

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