$SHIB /USDT Price Analysis Report
1. Current Price: SHIB is trading at 0.00001829 USDT, with a 6.03% increase today, reflecting strong upward momentum.
2. Trend Pattern: The chart shows a clear ascending channel, indicating a bullish trend as prices move between parallel upward lines.
3. Key Levels: The 24-hour high stands at 0.00001852, while the 24-hour low is 0.00001713, reflecting intraday volatility.
4. Support and Resistance: Immediate support is near 0.00001800, with resistance around 0.00001860.
5. Short-Term Correction: Recent candles suggest a small pullback within the channel, but the trend remains upward.
6. Trading Volume: Volume stands at 33.679B with a steady rise, indicating increasing trader interest.
7. Performance Overview: SHIB has gained 31.11% in the last 30 days and 27.19% in 90 days, showing consistent long-term strength.
8. Long-Term Trend: Despite a 180-day drop of 18.31%, SHIBâs 160.17% annual increase reflects resilience and investor optimism.
9. Outlook: If the bullish channel holds, SHIB may continue testing higher resistance levels, potentially aiming for 0.00001880.
10. Actionable Insight: Traders should watch for a breakout from the channel, with sustained volume confirming further upward momentum or a reversal.
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