Shiba Inu ($SHIB ) Technical Analysis
Current Price: $0.00002451
24h High: $0.00002577
24h Low: $0.00002391
24h Vol(SHIB): 8.89T
24h Vol(USDT): 220.37M
Market Outlook:
The Shiba Inu chart shows a sideways trend with low volatility. The price is currently consolidating within a narrow range between $0.00002400 and $0.00002600.
Trade Strategy:
Long Trade:
* Entry: $0.00002451 (Current Price)
* Target: $0.00002600
* Stop Loss: $0.00002300
* Leverage: 2x
Short Trade:
* Entry: $0.00002577 (24h High)
* Target: $0.00002400
* Stop Loss: $0.00002700
* Leverage: 2x
Conclusion:
Shiba Inu is currently in a sideways trend, and the price is likely to remain within the current range. Traders should be cautious and wait for a clear breakout or breakdown before taking any positions.