🚨 $SHIB /USDT ALERT: $0.00002883 – Testing Support Levels! 🚨
$SHIB is down 2.86%, consolidating near its support level of $0.00002830 after reaching a 24-hour high of $0.00003316. The price action indicates a potential reversal or continuation, depending on market momentum.
Key Levels to Watch:
1. Target 1: $0.00003004 – Immediate resistance. A breakout above this level could indicate a short-term recovery.
2. Target 2: $0.00003316 – The 24-hour high. A move above this level could trigger a bullish rally.
3. Target 3: $0.00003550 – A psychological resistance level that could act as a major upside target if buying momentum persists.
Support Level:
$0.00002830 – A critical support level. A breakdown below this could lead to further declines toward $0.00002644.
Trade Setup:
Entry Price: $0.00002883
Stop Loss: Below $0.00002830 to minimize risk.
Take Profit Targets: $0.00003004, $0.00003316, $0.00003550
⚠️ Note: SHIB remains highly volatile. Confirm breakout or breakdown levels with volume and apply tight risk management to secure trades.