$SHIB $SHIB

📊 SHIB/USD Analysis: Key Levels at $0.00002465

SHIB is currently trading at $0.00002465, showing potential for a significant move. Let’s dive into the technical analysis and identify the next possible scenarios for this popular meme coin.

🔑 Support & Resistance Levels

Support: The immediate support level is at $0.00002400, with a stronger zone around $0.00002300.

Resistance: The first resistance is at $0.00002550, with a breakout above this opening the path toward $0.00002700.

🎯 Trading Strategy

Bullish Setup: A breakout above $0.00002550 could signal an upward move, targeting $0.00002700 or even $0.00003000 if momentum continues.

Bearish Setup: If SHIB fails to hold the support at $0.00002400 and drops below $0.00002300, it could retrace further to test lower levels around $0.00002200.

⚡ Market Sentiment

SHIB is currently testing key levels at $0.00002465, and the market sentiment is largely driven by short-term traders and meme-driven momentum. The next key move will depend on whether it can break through resistance or face a retracement.

Will SHIB break above $0.00002550, or will it dip to lower support levels? Keep an eye on the price action to catch the next big move! 🚀

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