$SHIB

🚀 SHIB/USDT Technical Analysis – Price at $0.00002768 📉✨

The SHIB/USDT pair is currently trading at $0.00002768, showing some consolidation and setting up key levels for the next potential move. Here's a breakdown of the technical outlook:

📊 Support Levels:

$0.00002700 – Immediate support; a solid hold above this level is crucial to prevent further downside.

$0.00002600 – Strong secondary support, which could provide a good opportunity for a bounce if the price retraces.

📈 Resistance Levels:

$0.00002850 – Immediate resistance; breaking above this level could trigger a continuation of the bullish trend.

$0.00003000 – Major resistance zone; a breakout above this could pave the way for a potential rally toward $0.00003200.

💡 Entry Strategy:

Bullish Entry: Watch for a breakout above $0.00002850 with rising volume. Target $0.00003000, and place a stop-loss near $0.00002700.

Bearish Entry: If the price falls below $0.00002700, consider short positions targeting $0.00002600, with a stop-loss around $0.00002750.

📈 Indicators Insight:

RSI: At 52, showing neutral momentum, with room for upward movement. Watch for potential bullish crossover if price clears resistance.

MACD: The MACD is showing a slight bullish momentum, suggesting that if resistance levels are broken, we could see further upward movement.

With SHIB/USDT trading in a key range, the $0.00002700-$0.00002850 range is crucial for the next move. A breakout above $0.00002850 could lead to further gains toward $0.00003000, while a drop below $0.00002700 could signal a pullback.

⚠️ Disclaimer: This is not financial advice. Always conduct your own research and trade responsibly!

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