$SHIB /USDT Trading Signal - Momentum Building for a Breakout?
Analysis: $SHIB /USDT is trading at $0.00002437 (-0.41%), hovering near the resistance level of $0.00002493. With increased volume (2.73T SHIB traded in 24 hours), $SHIB is setting up for a potential breakout to higher levels.
Long Trade Setup:
Entry Zone: $0.00002420 - $0.00002450
Stop Loss: $0.00002380
Take-Profit Targets:
1. Target 1: $0.00002490
2. Target 2: $0.00002550
3. Target 3: $0.00002620
Observation: The price is consolidating with bullish signals around support levels. A breakout above $0.00002493 could pave the way for a significant upward move. However, traders should watch for any potential rejection near resistance levels.
#CryptoTrading #SHIBUSDT #ShibaInu #TradingSignals #Memecoins