$SHIB /USDT Trading Signal - Sideways Action with Potential Breakout
Current Price: $0.00002124 (-1.48%)
Entry Range: $0.00002110 - $0.00002130
Target 1: $0.00002160
Target 2: $0.00002190
Stop Loss: $0.00002080
Market Observations:
$SHIB/USDT is trading in a narrow range, with support at $0.00002025 and resistance near $0.00002188.
Consolidation indicates reduced volatility, hinting at an imminent breakout.
Sustained buying pressure above $0.00002130 could spark a bullish move toward immediate resistance levels.
Trade Insights:
Look for confirmations of strength within the entry range before entering a position.
Secure partial profits near $0.00002160 and monitor for further bullish continuation.
Maintain a disciplined stop-loss strategy to manage risks effectively.
Stay alert for a breakout and capitalize on price action!