๐ Looking at the technical analysis for $SHIB /USDT, the price is currently at 0.00002460 with a 24h high of 0.00002486 and a 24h low of 0.00002332. The 24h volume for SHIB is 4.75T, equivalent to approximately $0.0000246.
Based on the Bollinger Bands (20, 2), the upper band is at 0.00002650, the middle band is at 0.00002503, and the lower band is at 0.00002355. The current price is trending towards the middle band, indicating a possible consolidation.
Trading Signal: Considering the current price action and Bollinger Bands, it is likely that SHIB/USDT may continue to consolidate within the given range. Traders may consider setting buy orders near the lower band at 0.00002355 and sell orders near the upper band at 0.00002650 to capitalize on potential price movements.