The $SHIB /USDT pair is currently trading at $0.00002766, up by 1.92% in the last 24 hours. The price has been on an upward trend, with the 24-hour high reaching $0.00002896 and the 24-hour low at $0.00002301. The 24-hour trading volume is $33.59T for SHIB and $884.34M for USDT.

Support and Resistance Levels

Support: $0.00002486, $0.00002018, $0.00001753

Resistance: $0.00002896, $0.00002954

Entry Signal

Based on the current chart, a potential entry signal could be a break above the $0.00002896 resistance level. This could indicate a continuation of the upward trend.

Key Takeaways

SHIB/USDT is currently in an uptrend.

The price has broken above the 20-day moving average (MA) and the 50-day MA.

The Relative Strength Index (RSI) is currently in the overbought zone, indicating that the price may be due for a correction.#BTCBreaks85k #HaveYouBinanced #AltCoinRush #DogecoinPriceSurge #Write2Earn!