technical analysis and trade signal for $SHIB /USDT, including three target levels and trade momentum:

Current Price: 0.00002701

24h High: 0.00002796

24h Low: 0.00002655

Support and Resistance:

Support Level 1: 0.00002655 (24h Low)

Support Level 2: 0.00002600 (Near Depth Analysis - -0.9371%)

Resistance Level 1: 0.00002796 (24h High)

Resistance Level 2: 0.00002850 (Potential resistance based on recent price action)

Key Indicators:

SAR (Parabolic Stop and Reverse): 0.00002707 – Showing a potential upward trend, as the SAR value is slightly higher than the current price.

Depth Analysis:

Strong buying interest near 0.00002796 and 0.00002755.

Weak support around 0.00002600.

Trade Signal & Targets:

Buy Signal:

If the price breaks above 0.00002750, consider entering a long position.

Confirmation of momentum would be strong if SHIB surpasses the SAR level of 0.00002707.

Target Levels (🎯):

1. Target 1: 0.00002796 – If the price pushes above the current resistance, expect it to test the 24h High level.

2. Target 2: 0.00002850 – A potential resistance point based on the recent upward momentum and market psychology.

3. Target 3: 0.00002900 – A higher level where significant resistance may form, especially if the price continues to rise.

Stop Loss:

Set a stop loss below the Support Level 1 at 0.00002650 to manage risk in case of a pullback.

Momentum:

Bullish Momentum: Currently, there is moderate bullish momentum, as indicated by the SAR value and buying depth near the resistance levels. A break above the 24h High could trigger more buying, confirming the upward trend.

Bearish Momentum: If the price falls below the support at 0.00002655, this could signal a bearish reversal. Pay close attention to depth analysis for signs of weakening buying pressure.

Conclusion:

The market shows a bullish bias with the potential for further upside if the price breaks above resistance levels.

Keep an eye on the price action near 0.00002750 and adjust your trades accordingly based on momentum shifts.