🚨 $SHIB/USDT Trading Signal 🚨
$SHIB
$0.00002171
-0.60%
💡 Signal Type: Bearish Momentum
📊 Timeframe: 4H Chart $SHIB
🔑 Key Levels to Watch:
Support: $0.00002100 – A breakdown here could accelerate the bearish trend.
Resistance: $0.00002200 – A failure to break this level could indicate further declines.
🎯 Trade Setup:
Entry Zone: $0.00002160 - $0.00002180
Take Profit Levels (TP):
1️⃣ TP1: $0.00002100 (-3.3%)
2️⃣ TP2: $0.00002050 (-5.6%)
Stop Loss (SL): $0.00002250 (+3.6%)
📝 Market Insight:
$SHIB has failed to maintain bullish momentum and is showing signs of a potential pullback. A break below the key support level at $0.00002100 could trigger further declines.
💡 Strategy Recommendation:
Look for short opportunities between $0.00002160 - $0.00002180.
Use a stop-loss at $0.00002250 and target profits at TP1 and TP2.
📢 Note: Monitor volume closely, as a strong support level at $0.00002100 could potentially hold, invalidating the bearish move.