🚀 $SHIB
/USDT Technical Analysis - Targets for the Week Ahead! 🚀
As we dive into the current market structure for SHIB/USDT, there are some key levels that traders should keep an eye on. Let’s break down the price action and highlight potential targets for the upcoming days:
1️⃣ Target #1: 0.00002543
The 24h high suggests strong resistance around 0.00002543. A successful breakout above this level could trigger a bullish rally, driving the price towards 0.00002700.
2️⃣ Target #2: 0.00002332
With the current 24h low sitting at 0.00002332, this level acts as a support zone. If the price consolidates here, we may see a bounce back towards the upper range. A break below could lead to further downside, so this is crucial for any short-term price action.
3️⃣ Target #3: 0.00002474
We’re seeing support near 0.00002474, with a depth of 2.8172%. This level could be the pivot for a short-term upward trend, so watch out for any signs of reversal around this area.
Key Takeaway:
Watch for a breakout above 0.00002543 for bullish momentum.
Be cautious around 0.00002332, as a break below could signal more downside.
0.00002474 is the critical level to watch for a potential reversal.
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