๐ $SHIB
/USDT Technical Analysis - Key Levels & Targets ๐
As SHIB continues its bullish momentum, let's dive into some key technical insights and potential price targets for the upcoming trading sessions.
๐ Current Price: 0.00002499 (+3.56%)
Target 1: $0.00002547 ๐ฏ
The 24h high of 0.00002547 is a strong resistance level for SHIB. If the price breaks above this, we could see further upside towards the next level. Watch for a pullback at this level as it may test support before pushing higher.
Target 2: $0.00002364 ๐ฏ
With a recent low of 0.00002364, this price point represents a solid support level. If the price retraces to this area, it could provide a good entry for buyers looking for a bounce back. Watch for price action here to confirm the strength of support.
Target 3: $0.00002391 ๐ฏ
A critical zone for SHIB, 0.00002391 marks another potential support area. If SHIB starts showing bullish signals near this level, it could be a great opportunity for traders aiming for a reversal and further bullish movement.
๐ก Key Insight: The market is showing bullish potential, but be mindful of short-term retracements. Always set your stop-loss to manage risk!
Stay tuned for more updates and happy trading on Binance! ๐๐
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