$SHIB /USDT Trading Signal - Consolidation Near Support

Current Price: $0.00002374

Key Levels:

24h High: $0.00002462

24h Low: $0.00002356

Observation:

$SHIB /USDT is down 1.37% in the last 24 hours, testing the $0.00002356 support zone after failing to sustain above $0.00002400. The price is currently consolidating, with a potential for a rebound if the support holds.

Potential Strategy:

Entry Range: $0.00002360 - $0.00002380

Targets:

Target 1: $0.00002420 (Immediate Resistance)

Target 2: $0.00002450 (Approaching 24h High)

Stop Loss: $0.00002330

Key Insights:

A bounce from the $0.00002356 level could lead to a recovery toward $0.00002450. Watch for increased buying momentum to confirm a breakout above $0.00002420. Secure partial profits at Target 1 and adjust the stop-loss accordingly.

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