$SHIB /USDT Analysis 🐕
Shiba Inu (SHIB) is trading at $0.00002290 (-1.51%), attempting to recover after hitting a 24-hour low of $0.00002257. The price has shown a minor bounce but remains under pressure.
Key Levels to Watch:
Resistance: $0.00002327
Support: $0.00002257
Critical Zone: $0.00002200
Strategy:
Bullish Scenario:
Entry: Above $0.00002300
Target 1: $0.00002360
Target 2: $0.00002400
Stop Loss: Below $0.00002270
Bearish Continuation:
Entry: Below $0.00002250
Target 1: $0.00002220
Target 2: $0.00002200
Stop Loss: Above $0.00002280
📊 Observation: Monitor for volume confirmation and momentum shifts. Risk management is crucial in such volatile conditions.