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

Current Price: 0.00002074 USDT

24h Price Change: -2.54%

24h High: 0.00002191 USDT

24h Low: 0.00002071 USDT

Volume (24h): 2.34T SHIB and 50.06M USDT

Support and Resistance Levels:

Support: 0.00002071 (recent low)

Resistance: 0.00002191 (recent high)

The price is currently testing the lower end of the range, indicating that if it maintains above the 0.00002071 level, it could start to consolidate or make a potential bullish move.

Trade Signal:

Buy Signal: If SHIB price crosses above 0.00002100 and holds, it may indicate a bullish reversal.

Sell Signal: A drop below 0.00002060 could signal bearish momentum.

Target Levels 🎯:

1. Target 1 (T1): 0.00002140 — A resistance zone above the current level that could provide the first opportunity for profit-taking.

2. Target 2 (T2): 0.00002170 — This is the next potential resistance area where price could face selling pressure.

3. Target 3 (T3): 0.00002200 — A more aggressive target if the bullish momentum continues and volume increases.

Momentum:

Bearish: Currently, the market shows signs of weakness as price is near the low of the day. If the price fails to hold 0.00002071, bearish momentum could take SHIB lower.

Bullish: If the price crosses and holds above 0.00002100 with increasing volume, it may signal a potential upward momentum towards the target levels.

Trade Setup:

Stop-loss: Place a stop just below 0.00002050 to protect from further downside risk.

Take-profit: Set take-profit orders near each target level (T1, T2, T3).

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