$SHIB

/USDT Technical Analysis & Trade Signals

Current Price: 0.00002222 (+4.81% change)

Support Level: 0.00002071

Resistance Level: 0.00002238

Technical Indicators:

Moving Average (MA): +3.06% today, indicating short-term bullish momentum.

Exponential Moving Average (EMA): The trend shows a steady rise in price.

Bollinger Bands: The price is near the upper range, signaling possible consolidation or breakout.

Relative Strength Index (RSI): Neutral but trending upward, suggesting potential continuation.

MACD: Positive cross, indicating momentum favoring bullish movement.

Trade Momentum: The market is in a short-term bullish phase, with momentum favoring upward movement in the near term.

Targets:

1. Target 1: 0.00002250 (near-term resistance)

2. Target 2: 0.00002300 (mid-term breakout level)

3. Target 3: 0.00002350 (long-term bullish goal)

Stop Loss: 0.00002150 (below recent support)

Trade Recommendation: Consider entering with a stop loss near 0.00002150 for a possible gain targeting up to 0.00002350. Adjust positions as the market continues to move within resistance levels.

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