đš$SHIB SHIB/USDT Update: Memecoin Under Pressure đ„
đ» Current Price: $0.00002221 (-8.45%)
đ 24H Low: $0.00002216 | 24H High: $0.00002432
đ Volume: 4.25T SHIB
Shiba Inu, the fan-favorite memecoin, is showing strong bearish momentum as it tumbles below key support levels. The price has now slipped beneath the critical EMA(25) and EMA(99) zones, signaling a potential continuation of the downtrend.
Key Levels to Watch:
Immediate Support: $0.00002200
Resistance: $0.00002280 (short-term EMA resistance)
đ Potential Scenarios:
1ïžâŁ Bounce from Support: A reversal from the $0.00002200 support could challenge the $0.00002280 level, offering short-term recovery opportunities.
2ïžâŁ Bearish Continuation: A breakdown below $0.00002200 may trigger further declines, targeting $0.00002150.
đ„ Pro Tip: With over 4.25T SHIB traded in 24 hours, keep a close eye on whale activity for sudden market moves.
đĄ Will SHIB find its footing and reverse, or is this the start of deeper corrections? Share your thoughts and trading strategies!
#SHIBArmy #Crypto #BinanceSignals #ShibaInu #MicroStrategyAcquiresBTC