The $SHIB /USDT pair has demonstrated a significant bullish trend in recent days, with a remarkable price surge of 34.08% over the past 24 hours. The chart suggests a potential continuation of this upward momentum, with several key levels to monitor.

Key Support and Resistance Levels

Immediate Support: The 0.00002429 level has acted as strong support in the past and could offer a buying opportunity if the price retraces to this level.

Strong Support: The 0.00002005 level is a significant support level and could provide a more substantial buying opportunity if the price dips below the immediate support.

Immediate Resistance: The 0.00002795 level is the current 24-hour high and could act as immediate resistance. Breaking above this level could signal further upside potential.

Strong Resistance: The 0.00002853 level is a crucial resistance level. Breaking above this level could trigger a significant price increase.

Entry Signal

A potential entry signal could be a bullish breakout above the immediate resistance level of 0.00002795. This would confirm the continuation of the uptrend and could lead to further price appreciation.

Additional Considerations

Bollinger Bands: The Bollinger Bands are currently expanding, indicating increased volatility. This can lead to rapid price movements in either direction.#BTCBreaks80KATH #BIOProtocol #FedRateStrategy #EthereumRally #Write2Earn!