🚀 $SHIB
/USDT Technical Analysis & Price Targets 🎯
The SHIB/USDT pair is showing interesting price action as we approach some key levels. Here's a quick breakdown of the current trend and three targets to watch:
Current Price: 0.00002471 (+0.45%)
Key Levels to Watch:
1. Target 1: 0.00002577
This is the recent 24h high and a critical resistance level. If SHIB breaks above this point, we could see further upside momentum as buying pressure increases.
2. Target 2: 0.00002425
A potential support level seen during the 24h low. A bounce from here could signal a healthy retracement or consolidation before any further movement.
3. Target 3: 0.00002391
A deeper support zone. If SHIB breaks below the 24h low, this level could act as a strong reversal point for a possible upward trend.
Price Action Insights:
The 15m and 1h charts suggest some short-term volatility, with recent fluctuations showing potential buying opportunities near support zones. We may see further shifts in momentum as traders react to market conditions.
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