🚀 $SHIB /USDT Technical Analysis & Trade Signal: A Bounce or a Breakdown? 🎯

Current Price: 0.00002154

Market Overview:

Trend: Bearish in the short-term, with signs of potential recovery.

Support: 0.00002048 (Key level to watch for a bounce).

Resistance: 0.00002203 (Watch for a break above this level to confirm bullish momentum).

RSI: Moderately low, signaling a possible rebound if buying volume increases.

Trade Signal:

Buy Zone: 0.00002050 - 0.00002080 (Entering near support for a potential bounce).

Stop Loss: 0.00002000 (To limit downside risk below support).

Target Levels:

🎯 Target 1: 0.00002180 (First resistance, take profit if price struggles to break higher).

🎯 Target 2: 0.00002230 (Watch for a breakout, the next key resistance).

🎯 Target 3: 0.00002300 (Aiming for a significant move, psychological resistance level).

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Trade Momentum:

Currently under some bearish pressure but a recovery could be in play. Look for a confirmation above 0.00002203 to strengthen the bullish case.

Pay close attention to volume – a surge could signal a continuation towards the higher targets.

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