$SHIB /USDT Binance 1D Analysis š„
Trend Analysis:
$SHIB is experiencing bearish pressure, trading near the $0.00002150 support zone. A breakout above $0.00002350 could spark a bullish reversal, targeting $0.00002500 and higher. However, a failure to hold $0.00002080 may lead to further downside, potentially retesting the $0.00002000 support.
Trade Setup:
šµ Long Setup:
Entry Zone: $0.00002150 - $0.00002200
Targets: $0.00002350 | $0.00002500 | $0.00002700
Stop Loss: $0.00002050
š“ Short Setup:
Entry Zone: $0.00002350 - $0.00002500
Targets: $0.00002200 | $0.00002050
Stop Loss: $0.00002550
Leverage: 5x recommended for futures traders.
Next Move:
$SHIB needs to hold above $0.00002150 for a potential bullish rebound. A breakout above $0.00002350 would confirm upward momentum, while a drop below $0.00002080 could signal further bearish pressure. Monitor trading volume for breakout confirmation.
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