SHIB/USDT Daily Analysis and Trading Strategy

Support Levels:

1. $0.00002100: Short-term support, if broken, may continue to test lower areas.

2. $0.00001850: Strong support area, expected to provide significant rebound momentum.

Resistance Levels:

1. $0.00002256: Upper resistance, if broken, may continue to rise.

2. $0.00002414: Important mid-term resistance, breaking through may open up higher space.

Market Analysis:

SHIB is currently up 3.80%, has regained stability above the MA7 moving average, and is close to the MA25 moving average position ($0.00002414). Short-term bullish sentiment has strengthened, but trading volume is relatively low, requiring observation of whether the price can break through the MA25 moving average. The MACD indicator shows a bearish contraction state, with bulls and bears in a tug-of-war.

Trading Suggestions:

• Long Strategy:

Buy in batches in the range of $0.00002150-$0.00002200, target $0.00002400-$0.00002500, stop loss at $0.00002100.

• Short Strategy:

If the price rebounds to around $0.00002400 and fails to break through effectively, consider lightly entering a short position, target $0.00002150, stop loss at $0.00002450.

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