馃毃 $SHIB /USDT Technical Analysis & Price Targets 馃毃
As we look at the current market movement for SHIB/USDT, the price has experienced a significant pullback. Here's an updated technical breakdown with three price targets to watch carefully:
馃搳 Current Price: 0.00002214
馃敽 24h Change: -14.52%
Key Levels to Watch:
1锔忊儯 Target 1: 0.00002164
This is the immediate support level where SHIB has found buying interest before. A bounce here could signal a short-term reversal.
2锔忊儯 Target 2: 0.00002050
If SHIB fails to hold the support at 0.00002164, the next level to watch is 0.00002050. This level aligns with a critical Fibonacci retracement, and a break below could signal a deeper correction.
3锔忊儯 Target 3: 0.00001800
In a bearish scenario, 0.00001800 represents the next key support zone. This level could act as a strong floor for buyers looking to accumulate at a lower price.
馃搲 Resistance Levels:
Watch for a break above 0.00002450 for a potential upward trend. Anything above this could lead to a recovery towards the 0.00002619 range.
馃攳 Volume & Market Sentiment:
SHIB is seeing a slight decrease in volume, which indicates a cooling-off period after the recent drop. Pay attention to any sudden volume spikes that could signal a reversal.
鈿狅笍 Disclaimer: As always, please do your own research and trade responsibly. Market conditions can change quickly, and it's important to stay updated!
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