$SHIB /USDT: Price and Market Overview

Shiba Inu (SHIB) is currently trading at $0.00002758, reflecting a +1.81% increase over the past 24 hours.

Key Metrics

24h High: $0.00002779

24h Low: $0.00002418

24h Volume (SHIB): 14.38T SHIB

24h Volume (USDT): $376.86M

Technical Levels

Resistance Levels: $0.00003050, $0.00003343, $0.00003390

Support Levels: $0.00002758, $0.00002418, $0.00002371

Market Analysis

Price Movement: SHIB has shown mild bullish momentum, trading near resistance at $0.00002779. A breakout above this level could trigger further upward movement.

Volume Insights: A trading volume of $376.86M highlights moderate interest in SHIB, with significant activity around its current levels.

Trading Strategy

For Buyers: Look for entries near $0.00002758 if it sustains above this support, targeting $0.00003050 and $0.00003343, with a stop-loss below $0.00002418.

For Sellers: Consider short positions if SHIB drops below $0.00002758, aiming for $0.00002418 or $0.00002371, with stops above $0.00003050.

Sentiment Overview

SHIB's current price action reflects cautious optimism, with buyers stepping in at key support levels. Breaking above $0.00002779 could signal bullish continuation, while failure to hold current levels may lead to retesting lower supports.

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