$SHIB /USDT Technical Analysis
š Current Price: $0.00002309 (+8.45%)
š¹ 24H High: $0.00002319
š¹ 24H Low: $0.00002118
Price Targets:
1ļøā£ First Target (Short-term): $0.00002350
2ļøā£ Second Target (Mid-term): $0.00002400
3ļøā£ Third Target (Long-term): $0.00002500
Analysis:
Trend: Strong upward momentum with a breakout above resistance at $0.00002250.
Support Zone: $0.00002200 (key level for consolidation).
Resistance: Minor resistance at $0.00002350, followed by $0.00002400.
Next Move:
ā Short-term Strategy:
Consider partial profit booking at $0.00002350.
Adjust stop loss to $0.00002250 to lock in gains.
ā Mid/Long-term Strategy:
Hold remaining positions targeting $0.00002400 and $0.00002500.
Monitor for volume confirmation and overall market trend.
šØ Risk Management: Always trade with stop losses to protect against sudden market movements.