SHIB/USDT Technical Analysis: Buying, Selling, and Stop Loss Targets ⚖️
1. Current Price and 24-Hour Performance
Last Price: $0.00002597
24-Hour Change: +0.82%
24-Hour High: $0.00002600
24-Hour Low: $0.00002487
2. Trading Volume
24h Vol (SHIB): 3.52T SHIB
24h Vol (USDT): 89.16M USDT
3. Trading Strategy
Buy Targets: $0.00002520 – $0.00002570
Sell Targets: $0.00002610 – $0.00002650
Stop Loss: Below $0.00002480
4. Technical Analysis
SHIB/USDT is trending sideways, with a slight bullish bias as it approaches the $0.00002600 resistance level.
Support levels are near $0.00002520, while resistance is observed at $0.00002610.
5. Market Trends
Consolidation near the resistance suggests potential for a breakout above $0.00002600.
Maintaining support above $0.00002550 could indicate further upward movement.
6. Key Observations
A sustained move above $0.00002600 may push SHIB toward $0.00002650.
A drop below $0.00002480 could signal increased selling pressure.
7. Disclaimer
This analysis is for informational purposes only. Please conduct your own research and seek professional advice before making any trading decisions.
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