🚨$SHIB / USDT: Bullish Momentum Continues🚨
Shiba Inu (SHIB) is currently experiencing a strong uptrend against USDT. The price has risen by 3.63% in the past 24 hours, reaching a high of $0.00002756. The 24-hour trading volume is also impressive, with 8.01 trillion SHIB traded.
Key Technical Indicators
* MA(7): 0.00002756
* MA(25): 0.00002692
* MA(99): 0.00002646
All moving averages are trending upwards, confirming the bullish sentiment. The price is currently trading above all three moving averages, indicating strong buying pressure.
Potential Trade Setup
* Long Entry: Buy at the current price of $0.00002684 with a stop-loss at $0.00002648 and a take-profit at $0.00002762.
* Risk: 1.3%
* Reward: 2.9%
Additional Considerations
* Meme Coin: Shiba Inu is a meme coin with a large and active community.
* Hot: SHIB is currently one of the hottest coins on Binance.
* Depth: The order book shows strong buying and selling pressure at the current price.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.