Can SHIB make a comeback? Short-term trading strategies and precise predictions!
The current real-time price of SHIB is $0.00002465. After recent fluctuations, market sentiment is slightly recovering, and there is a certain upward momentum in the short term. The current price is at a relatively supportive area, and further fluctuations are expected. Based on the current technical trends, SHIB may experience a breakout, especially in the context of increased market risk appetite, which may attract short-term capital attention again.
Technical Analysis:
Support Levels: $0.00002350, $0.00002250 Resistance Levels: $0.00002550, $0.00002650
From a technical perspective, the price of SHIB is currently forming support near $0.00002400, and it has successfully rebounded after testing this area several times recently. If it can break through the short-term resistance level of $0.00002550, SHIB is expected to rise further to $0.00002650. If it cannot break through the upward resistance, there may be a pullback again, especially since the current market is still in a consolidation phase.
The RSI indicator is around 50, indicating that the buying and selling forces in the market are relatively balanced, with no obvious overbought or oversold situations. The MACD indicator shows a relatively stable bullish momentum, and there are no strong bearish signals in the short term, so the market still maintains some upward potential.
Long Position Strategy:
Entry Price: $0.00002450 (enter when a rebound occurs near support) Take Profit Price: $0.00002550 (take profit after breaking the resistance) Stop Loss Price: $0.00002350 (stop loss if it falls below support) Leverage Recommendation: 5x
Short Position Strategy:
Entry Price: $0.00002550 (enter when meeting resistance and falling back) Take Profit Price: $0.00002400 (take profit when falling back to support area) Stop Loss Price: $0.00002650 (stop loss if it breaks upward) Leverage Recommendation: 5x
Currently, SHIB's short-term trend shows a consolidation pattern, with a higher probability of breaking through the resistance level of $0.00002550. If it breaks through smoothly, it is expected to push the price further up to the $0.00002650 area. For actively investing individuals, if the price breaks through $0.00002550, they can try to go long and quickly seize this upward movement. $SHIB