$SHIB /USDT Market ๐Ÿšจ

$SHIB is currently trading at 0.00002605 (-4.47%), showing a recovery from the recent low of 0.00002597. The price is consolidating with resistance near 0.00002610 and support at 0.00002596. A breakout above resistance could lead to an upward move, targeting 0.00002700 as the next level. Conversely, a breakdown below support could push the price back to 0.00002550.

Trade Signals:

Long Setup:

Entry: Near $0.00002600 on a breakout confirmation.

Target 1: $0.00002650

Target 2: $0.00002700

Stop-Loss: $0.00002580

Short Setup:

Entry: Below $0.00002595 (on breakdown).

Target 1: $0.00002550

Target 2: $0.00002530

Stop-Loss: $0.00002610

Outlook: A decisive move above 0.00002610 with volume could signal bullish continuation, while rejection near resistance could trigger a short opportunity. Traders are advised to manage risk with stop-losses and book profits near key levels.

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