$SHIB
/USDT Technical Analysis & Trade Signals
Current Market Data:
Price: $0.00002423 (+6.18%)
Trend: Bullish momentum observed with strong volume.
Indicators:
EMA: Price above EMA, indicating an upward trend.
BOLL: Price nearing the upper Bollinger Band, suggesting overbought conditions.
MACD: Bullish crossover, confirming buying momentum.
SAR: Support below current price, affirming an uptrend.
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Trade Signals:
Buy Zone: $0.00002380–$0.00002410
Stop Loss: $0.00002240
Targets:
1. 🎯 $0.00002450
2. 🎯 $0.00002500
3. 🎯 $0.00002580
Momentum Analysis:
Short-Term: Strong bullish momentum, supported by increasing volumes.
Mid-Term: Breakout likely if $0.00002450 is sustained.
Long-Term: Needs to maintain above $0.00002250 for continuation.
Recommendation: Monitor closely; consider entering near the buy zone with targets set for short-term gains. Adjust positions based on resistance at $0.00002500.
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