$SHIB /USDT: Rebounding from Lows with Recovery Potential

$SHIB /USDT is currently trading at $0.00002197, showing a minor decline of -5.34% over the past 4 hours. After touching its intraday low of $0.00001853, the token has displayed signs of a rebound, supported by improving RSI at 48, indicating neutral momentum. The current price action suggests a potential consolidation phase before a decisive move. With resistance around $0.00002322 and support near $0.00002088, SHIB is at a critical juncture where it may gather strength for a recovery. Traders should monitor volume and momentum closely for potential entry opportunities. Managing risks effectively with tight stop-losses is advised.

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