SHIB/USDT Chart Analysis 💹

$SHIB

Price Movement

Current Price: 0.00002805🔻 (-4.83% in 24h)

24h High: 0.00003095 🚀

24h Low: 0.00002659 📉

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Technical Indicators

The MA(7) (short-term) is crossing below the MA(25), signaling a bearish trend ❌.

The price hit a low of 0.00002659 but rebounded quickly, showing strong buyer interest 📈.

Moving averages MA(99) suggest long-term stability, with a slight upward tilt.

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Volume Insights

24h Volume (SHIB): 14.22T 🔄

24h Volume (USDT): 410.97M 💰

High trading activity reflects significant market engagement 🏦.

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Performance Trends

7 Days: +9.47% 📈 (Short-term recovery)

30 Days: +61.21% 🚀 (Bullish trend continuation)

1 Year: +218.56% 🤑 (Outstanding long-term performance)

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Key Levels to Watch

Resistance: 0.00003095 ⚔️

Support: 0.00002659 🛡️

A break above 0.000030 could renew the bullish momentum 💥.

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Summary

Current movement reflects short-term bearishness 📉 due to selling pressure.

Buyers are stepping in at lower levels, which could stabilize the price 📊.

Stay alert for potential breakouts or further dips in the coming hours.

Would you like a deeper dive into future predictions or trading strategies? 🚀