$SHIB
๐ SHIB/USDT Analysis: Ready for a Breakout? ๐
The SHIB/USDT pair is gaining momentum, currently trading at 0.00002488, up +3.62% in the last 24 hours. The bulls are testing the key resistance zone at 0.00002498, just shy of the 24-hour high at 0.00002547. A breakout above this level could trigger a strong upward rally, pushing SHIB into new highs.
On the downside, the support level at 0.00002303 remains solid, providing a cushion against pullbacks. This range between 0.00002303 and 0.00002498 is the battleground for bulls and bears.
๐ฏ Entry Strategy:
Aggressive traders could consider entering on a breakout above 0.00002498 with high volume, targeting the 0.00002547+ zone.
Conservative traders may look for a pullback to the support zone at 0.00002303, setting a tight stop-loss below it to limit risks.
With a trading volume of 7.35T SHIB, the market is buzzing with activity. Will SHIB conquer resistance or face a pullback? Keep your eyes on the chart for the next move! ๐
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