🚨 $SHIB Consolidation Alert – Major Move Imminent! 🚨
Shiba Inu ($SHIB ) is trading at $0.00002954, down 1.60% in the last 4 hours. After reaching a 24-hour high of $0.00003036, SHIB is consolidating near a critical zone, indicating potential for a breakout or further pullback.
Key Levels to Watch:
Immediate Support: $0.00002823
Holding this level is crucial for maintaining upward momentum. A drop below could lead to a retest of lower levels.
Major Resistance: $0.00003036
A breakout above this level could reignite bullish momentum, pushing SHIB toward higher targets.
Three Targets for Traders:
1. Target 1: $0.00003100 – A short-term resistance for profit-taking on an upward move.
2. Target 2: $0.00003250 – A critical level confirming sustained bullish momentum.
3. Target 3: $0.00003360 – A retest of the recent high, signaling a strong rally continuation.
Trade Setup:
Long Entry: Above $0.00003036, targeting $0.00003100, $0.00003250, and $0.00003360.
Short Entry: Below $0.00002823, targeting $0.00002700 and $0.00002431.
Stop Loss: Place at $0.00002900 to manage risk effectively.
SHIB is preparing for its next big move—stay vigilant for opportunities!