$SHIB

/USDT Technical Analysis 🎯

SHIB is showing signs of bullish momentum, attracting the attention of traders. With its recent price action, SHIB could be on the verge of significant moves. Let’s dive into the analysis and explore three potential targets for SHIB/USDT.

Current Price: 0.00002518 USDT

Key Levels to Watch

1️⃣ Target 1: 0.00002600 USDT

This is the immediate resistance level. If SHIB breaks above this, it will confirm the short-term bullish trend.

2️⃣ Target 2: 0.00002750 USDT

A strong psychological and technical barrier. Clearing this level could trigger more buying interest and higher volume.

3️⃣ Target 3: 0.00003000 USDT

A major resistance level. Reaching this could indicate the start of a broader bullish rally, backed by community support and market sentiment.

Indicators in Focus

RSI: Currently near 55, showing room for growth before entering the overbought zone.

MACD: A bullish crossover is forming, indicating upward momentum.

Volume: Gradual increase, signaling growing interest.

Strategy Tip

Breakout traders can look for confirmation above 0.00002600.

Risk management is key; consider setting stop-loss levels near 0.00002440.

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