$SHIB /USDT Trading Signal – Building Momentum for the Next Rally

Observation: $SHIB /USDT is trading at 0.00002462, up 3.93% over the past 24 hours. The price recently reached a high of 0.00002493 before consolidating slightly, indicating strength and potential for further upward movement.

Trade Setup

Entry Zone (Long): 0.00002430 - 0.00002470

Targets:

1. Target 1: 0.00002500 (Immediate psychological resistance)

2. Target 2: 0.00002650 (Mid-term breakout level with bullish continuation)

3. Target 3: 0.00002800 (Extended target in case of sustained rally)

Stop Loss: 0.00002320 (Below key support to limit downside risk)

Market Insight:

Support Levels: Strong buying support is evident near 0.00002360, forming a solid base for the next leg up.

Resistance Levels: Breaking above the 0.00002500 psychological barrier could open the path to higher targets.

Trend Analysis: $SHIB is maintaining its upward trend, supported by increased trading volume and renewed interest in meme coins.

Pro Tip:

Take partial profits at each target and use a trailing stop loss to lock in gains while minimizing risks as the price advances.

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