technical analysis and trade signal for the $SHIB /USDT three target levels and momentum ✅💯💯💯🔥
Current Price: 0.00002765 (+1.73%)
24h High: 0.00002797
24h Low: 0.00002683
Support Levels:
First Support: 0.00002680
Second Support: 0.00002640
Resistance Levels:
First Resistance: 0.00002800
Second Resistance: 0.00002900
Trade Signal & Targets:
Buy Signal: Consider buying at the current price of 0.00002765, or wait for a minor pullback towards the 0.00002680 level for a better entry point.
Target Levels:
Target 1: 0.00002850 (short-term resistance, expected breakout zone)
Target 2: 0.00002900 (strong resistance, significant upward momentum expected here)
Target 3: 0.00003050 (next key resistance if the bullish trend continues)
Stop-Loss: Below 0.00002640 (this would protect against a deeper price decline).
Trade Momentum:
The current momentum is bullish, as the price has risen by +1.73% in the last 24 hours.
MACD: The MACD histogram is showing positive momentum, with the MACD line above the signal line.
RSI: The RSI is currently around 60, indicating the market is not overbought yet, but it could be approaching the overbought region if the price continues to rise.
Trade Setup:
Entry: Enter at the current price (0.00002765) or on a slight dip to 0.00002680.
Targets: Close positions partially at Target 1 (0.00002850), and consider moving towards Target 2 (0.00002900) if momentum holds.
Stop-Loss: Place your stop-loss just below 0.00002640 to manage risk.
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