$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%, SHIB’s 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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