$SHIB /USDT technical analysis with three target levels and trade momentum:

Current Price: 0.00002061 USDT

24h High: 0.00002189 USDT

24h Low: 0.00002053 USDT

Support & Resistance Levels:

Support: 0.00002053 USDT (recent low)

Resistance: 0.00002189 USDT (recent high)

Key Indicators:

RSI (Relative Strength Index): The RSI is currently showing a value of around 40, indicating that SHIB is in neutral territory, with some selling pressure, but not yet oversold.

Moving Averages: Short-term (50 MA) is slightly below the long-term (200 MA), suggesting a slight bearish trend.

MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, indicating bearish momentum.

Trade Signal:

Entry Point: Consider entering a long position at 0.00002053 USDT, where price is close to support and shows potential for a bounce.

Target Levels 🎯:

1. Target 1 (T1): 0.00002100 USDT - First resistance zone; the price may face some resistance here.

2. Target 2 (T2): 0.00002150 USDT - This is a key psychological resistance level, where strong selling could emerge.

3. Target 3 (T3): 0.00002189 USDT - This is the 24h high, a critical level to watch for breakout potential.

Trade Momentum:

Bullish: The market shows some support near 0.00002053 USDT, and with a potential bounce, the price could push toward the resistance zones.

Bearish: If the price breaks below 0.00002053 USDT, the downtrend could continue, with the next support level around 0.00002000 USDT.

Stop-Loss: A tight stop-loss could be set below 0.00002053 USDT to minimize risk in case of further downside momentum.

This setup provides a good opportunity for a potential short-term trade with well-defined target levels.

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