📈
$SHIB $LINK $HBAR Technical Analysis for SHIB, LINK, and HBAR on Binance 🎯
Market Overview:
Today, we’re diving into three popular cryptocurrencies on Binance—SHIB, LINK, and HBAR. Here’s a technical outlook with targets and insights.
---
SHIB (Shiba Inu) 🐕
Current Price: $0.00002034
Performance: Down by 12.44%, indicating high volatility.
Support Level: $0.00001850 – A strong support zone; if breached, SHIB may head lower.
Resistance Level: $0.00002200 – If broken, SHIB could start a recovery rally.
Targets:
🎯 Target 1: $0.00002100 (Short-term recovery zone)
🎯 Target 2: $0.00002450 (Mid-term bullish breakout zone)
🎯 Target 3: $0.00003000 (Long-term bullish rally if demand strengthens)
Analysis: Oversold conditions could lead to a potential bounce, but SHIB needs volume for recovery.
---
LINK (Chainlink) 🔗
Current Price: $24.18
Performance: Declined by 1.23%, showing relative stability compared to peers.
Support Level: $23.00 – A critical zone that must hold to avoid further dips.
Resistance Level: $25.50 – Breaking this could push LINK into bullish territory.
Targets:
🎯 Target 1: $25.00 (Immediate resistance)
🎯 Target 2: $27.50 (Mid-term upward move potential)
🎯 Target 3: $30.00 (Long-term resistance with significant buying momentum)
Analysis: LINK shows resilience; a breakout above $25.50 could lead to a strong bullish move.
---
HBAR (Hedera) 🌿
Current Price: $0.33356
Performance: Dropped by 7.66%, reflecting bearish sentiment.
Support Level: $0.31000 – Key level to watch for potential reversal.
Resistance Level: $0.35000 – Must break to regain bullish momentum.
Targets:
🎯 Target 1: $0.34500 (Near-term recovery point)
🎯 Target 2: $0.37000 (Mid-term bullish target)
🎯 Target 3: $0.40000 (Long-term target with strong market interest)
Analysis: HBAR faces selling pressure, but it’s close to a major support level, signaling a potential recovery opportunity.
---
#Binance #cryptouniverseofficial #TechnicalAnalysis #SHIB
#LINK #HBAR