SHIB/USDT Technical Analysis 🐾📊
Current Statistics:
Price: 0.00003031 USDT
24h Change: +0.95%
24h High: 0.00003095 USDT
24h Low: 0.00002659 USDT
24h Volume:
SHIB: 15.53T
USDT: 447.51M
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Technical Analysis
Trend: Slight upward movement (+0.95%).
Support Levels:
Immediate: 0.00002914 USDT
Next: 0.00002824 USDT
Resistance Levels:
Immediate: 0.00003079 USDT
Next: 0.00003095 USDT
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Trading Strategy
Buy Signals:
1. Support Buy: Look for buying near 0.00002914 USDT, provided the price stabilizes and shows upward momentum.
2. Breakout Buy: Enter long positions if the price breaks above 0.00003095 USDT with strong volume.
Sell Signals:
1. Take Profit: Close positions near resistance levels between 0.00003079–0.00003150 USDT.
2. Trend Reversal: Exit if the price drops below 0.00002824 USDT.
Stop Loss:
Place a stop-loss just below 0.00002824 USDT to limit potential losses.
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Target Price Levels
Short-Term: 0.00003050–0.00003100 USDT
Medium-Term: If bullish momentum persists, aim for 0.00003200–0.00003300 USDT.
Key Observations
Monitor trading volume and sentiment closely to confirm trends.
Stay updated on SHIB-related developments, as news and community activity can significantly impact the price.
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