$SHIB

SHIB/USDT Price Analysis and Long/Short Direction Prediction

Current Price 0.00002308, SHIB has rebounded after a significant pullback and is currently testing short-term support and resistance levels.

Key Levels

1. Support Levels:

• 0.00002180 (Short-term Support): Near MA(99) moving average, if broken, may further test 0.00002000.

• 0.00002000 (Strong Support): Psychological level, if lost, the trend is biased towards bearish.

2. Resistance Levels:

• 0.00002400 (Short-term Resistance): The primary resistance level for the current rebound.

• 0.00002767 (Medium-term Resistance): Position of MA(25) moving average, a breakthrough may lead to further upward movement.

Long/Short Direction Prediction

• Bullish: If the price remains stable above 0.00002180 and successfully breaks through 0.00002400, it will open up upward space, targeting 0.00002767.

• Bearish: If the price fails to break through 0.00002400 and retreats, it may test the strong support at 0.00002000.

Operational Suggestions

• Short-term Long Position: Set up in the range of 0.00002180-0.00002200, target 0.00002400-0.00002700, stop-loss set below 0.00002100.

• Short-term Short Position: If blocked near 0.00002400, consider a short position, target 0.00002180, stop-loss set above 0.00002500.

It is advised to strictly control positions, closely monitor market fluctuations and key levels, and adjust strategies based on changes in volume.