🐕 SHIB Experiences a Pullback: -3.61% in 24 Hours 🐕
$SHIB (Shiba Inu) is trading at $0.00002230, reflecting a -3.61% decline over the past day. While the pullback shows bearish sentiment, potential support levels could offer opportunities for traders looking to capitalize on volatility.
Key Levels to Watch
🔑 Resistance: $0.00002300 – Breaking this level could reignite upward momentum.
🔑 Support: $0.00002200 – A critical area to maintain to prevent deeper declines.
Trade Setup
Long Entry: Around $0.00002230, targeting:
1️⃣ $0.00002300 (short-term resistance)
2️⃣ $0.00002400 (next potential breakout level)
Short Entry: If $SHIB drops below $0.00002200, consider:
1️⃣ $0.00002150 (lower support zone)
2️⃣ $0.00002100 (next critical support)
Risk Management
💡 Stop-loss: $0.00002180 to limit potential losses.
Market Insight
$$SHIB emains a popular meme coin with strong community support. Watch for significant changes in volume and market sentiment, as these could signal a rebound or further bearish trends.
#SHIB #ShibaInu #CryptoTrading #MarketAnalysis #Blockchain #CryptoUpdate
$SHIB (Shiba Inu) is trading at $0.00002230, reflecting a -3.61% decline over the past day. While the pullback shows bearish sentiment, potential support levels could offer opportunities for traders looking to capitalize on volatility.
Key Levels to Watch
🔑 Resistance: $0.00002300 – Breaking this level could reignite upward momentum.
🔑 Support: $0.00002200 – A critical area to maintain to prevent deeper declines.
Trade Setup
Long Entry: Around $0.00002230, targeting:
1️⃣ $0.00002300 (short-term resistance)
2️⃣ $0.00002400 (next potential breakout level)
Short Entry: If $SHIB drops below $0.00002200, consider:
1️⃣ $0.00002150 (lower support zone)
2️⃣ $0.00002100 (next critical support)
Risk Management
💡 Stop-loss: $0.00002180 to limit potential losses.
Market Insight
$$SHIB emains a popular meme coin with strong community support. Watch for significant changes in volume and market sentiment, as these could signal a rebound or further bearish trends.
#SHIB #ShibaInu #CryptoTrading #MarketAnalysis #Blockchain #CryptoUpdate
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SHIB
0.00002183
+1.72%
PEPE
0.00001806
+4.69%
Replies 0