$SHIB

/USDT Trade Strategy: Meme Coin Momentum🚀🎯💰

Price Snapshot

Current Price: 0.00002956

24h Change: +9.85 percent

24h High/Low: 0.00002979 / 0.00002659

Volume

SHIB: 8.86T

USDT: 249.75M

Key Levels to Watch

1. Support: 0.00002700 — A solid support zone for potential dip buying.

2. Resistance: 0.00002980 — Immediate resistance to break for further upside.

Indicators to Guide the Trade

EMA 5: Price holding above EMA — indicating a bullish trend.

MACD: Positive momentum with upward movement.

RSI: Approaching 70 — watch for potential overbought conditions, signaling a possible pullback.

Profit Targets

1. Target 1: 0.00002980 — Break above resistance (+0.8 percent)

2. Target 2: 0.00003100 — Continuation of bullish trend (+5 percent)

3. Target 3: 0.00003250 — Extended rally (+9.8 percent)

Trade Setup

Entry Zone: 0.00002700 – 0.00002800 (Buy on dips)

Stop-Loss: 0.00002600 (Protect against potential reversal)

Risk/Reward: Aim for a 1:2 ratio

Summary

SHIB/USDT is showing solid bullish momentum with significant volume backing the price action. Monitor for opportunities to buy near support and take advantage of potential resistance breakouts. Be cautious of overbought signals and manage risk for higher targets.

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