๐Ÿšจ $SHIB USDT Technical Analysis Update ๐Ÿšจ

As we observe SHIB/USDT's recent price action, here are the key levels to watch in the short term for potential opportunities:

๐Ÿ” Current Price: 0.00002414 USDT

๐Ÿ•’ 24h Price Change: -6.47%

Key Support & Resistance Levels:

1. Support Level ๐ŸŽฏ: 0.00002270 USDT

This has proven to be a strong support zone. If SHIB reaches this level, we may see a potential bounce or consolidation before any major price movement.

2. Resistance Level ๐ŸŽฏ: 0.00002470 USDT

The resistance around this price point has held, and a breakout above this level could signal a bullish reversal, aiming for the next resistance.

3. Target Zone ๐ŸŽฏ: 0.00002619 USDT (24h High)

If the price successfully breaks above the key resistance at 0.00002470, the next target could be the 24h high of 0.00002619 USDT. A breakthrough here could lead to further upward momentum.

Additional Indicators:

SAR (0.02, 0.2): 0.00002434

Depth: 4.2313%

๐Ÿ”‘ Trade Setup:

Watch the support level closely at 0.00002270 for potential buy signals.

A break above 0.00002470 could trigger a move towards the next resistance level at 0.00002619.

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