$SHIB /USDT Technical Analysis 🚀
Current Price: $0.00002136 (-0.93%)
Timeframe: 30-Min Chart
Targets Identified: 1️⃣ Immediate Resistance: $0.00002160
A breakout above this level could lead to a quick price recovery. Watch for increased buying activity.
2️⃣ Mid-Term Target: $0.00002200
This level has been a strong resistance zone. Breaking it could attract momentum traders for further gains.
3️⃣ Long-Term Target: $0.00002234
The 24-hour high. Achieving this target would confirm bullish momentum and open the possibility for a stronger rally.
Technical Highlights:
Support Zone: $0.00002095 (24H Low)
Trend: Consolidation with slight bearish pressure; potential for a rebound near support.
Volume: High activity, with 3.77T SHIB traded in the past 24 hours.
Pro Tip: Set stop-loss orders below the $0.00002095 support to manage downside risk. Secure partial profits as each target is hit, and trail stop-losses to maximize potential gains.
