SHIB/USDT Market Overview
1. Current Price and 24-Hour Change
Price: $0.00002452
24-Hour Change: -6.34%
2. 24-Hour High and Low
High: $0.00002649
Low: $0.00002407
3. 24-Hour Trading Volume
Volume (SHIB): 8.53T
Volume (USDT): $216.35M
4. Technical Indicators
Average Price (AVL): $0.00002443
Resistance Levels: $0.00002500, $0.00002570
Support Levels: $0.00002400, $0.00002390
5. Key Observations
SHIB/USDT has declined by over 6% in the last 24 hours, reflecting a bearish trend. The price is consolidating near critical support at $0.00002407.
6. Trading Strategy
Buy Targets: $0.00002400, $0.00002390 (near key support).
Sell Targets: $0.00002500, $0.00002570 (near resistance levels).
Stop Loss: $0.00002380 to reduce downside risks.
Take Profit: $0.00002550 or higher if an upward trend emerges.
7. Insights
SHIB/USDT is testing its support zone. A recovery above $0.00002500 could indicate bullish momentum, while a drop below $0.00002400 may suggest further downside movement.
8. Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Always conduct thorough research and manage risks responsibly before trading.