$SHIB $SHIB The $SHIB /USDT pair is currently trading at $0.00001798, having experienced a 6.45% increase in the past 24 hours. The price action suggests a bullish momentum, with the 24-hour high reaching $0.00001855 and the 24-hour low touching $0.00001639.

Support and Resistance Levels:

Support: $0.00001639 (24h low), $0.00001604 (chart low)

Resistance: $0.00001855 (24h high), $0.00001957 (chart high)

Entry Signal:

A potential entry signal could be a break above the 24-hour high of $0.00001855, confirming the continuation of the bullish trend. A stop-loss can be placed below the 24-hour low of $0.00001639, and a take-profit target can be set at the 24-hour high of $0.00001957.

Bollinger Bands Analysis:

The Bollinger Bands are currently expanding, indicating a period of increased volatility. The price is currently trading below the upper band, suggesting that the market is oversold.

Overall Outlook:

The SHIB/USDT pair is currently in a bullish trend, and a break above the 24-hour high could signal a continuation of this trend. However, it is important to note that the market is currently in a period of increased volatility, and traders should exercise caution when entering positions.#PensionCryptoShift #USElections2024Countdown #NovemberMarketAnalysis #ElectionNightBTCGuess #Write2Earn!