$SHIB ๐ฏ๐ค๐ฐ๐ฅ๐ฅ๐ฅ๐ฅ
/USDT Technical Analysis
Current Price: $0.00002080 (-5.50%)
24h High: $0.00002209
24h Low: $0.00002057
24h Volume: 2.37T SHIB ($50.85M USDT)
Key Levels to Watch:
Resistance: $0.00002200 โ A breakout above this level could signal bullish momentum.
Support: $0.00002050 โ Holding this level may indicate potential recovery.
Recent Performance:
SHIB has been trending downward, losing 5.50% over the past 24 hours. High trading volumes indicate continued interest despite market corrections.
Technical Indicators:
RSI: Currently oversold, suggesting a possible rebound.
Moving Averages: Price remains below the short-term moving averages, reflecting bearish sentiment.
Market Outlook:
Short-term traders should monitor resistance and support levels closely. Long-term holders may see this dip as an opportunity to accumulate.
Stay updated on SHIB/USDT trends for potential trading setups on Binance!