🚀 $SHIB /USDT: CONTINUING THE UPWARD TREND 🚀📈
The $SHIB /USDT pair is currently trading at 0.00002279 USDT, reflecting an 8.16% increase over the last 24 hours. The 24-hour high is 0.00002298 USDT, and the 24-hour low is 0.00002097 USDT. The trading volume is substantial, with 2.85 trillion SHIB and 62.59 million USDT, indicating strong market activity. The 2-hour candlestick chart shows recent price movements, with the latest price slightly down by 0.00000003 USDT (-0.13%) from the previous candlestick. This indicates a bullish trend with key resistance at 0.00002298 USDT and support at 0.00002097 USDT.
📈 Trade Scenarios 🐂
- Bullish Scenario: If the price breaks above the recent high of 0.00002298 USDT, it could target 0.00002350 USDT. TP: 0.00002350 USDT, SL: 0.00002250 USDT.
- Bearish Scenario: If the price fails to sustain above 0.00002279 USDT and breaks below 0.00002250 USDT, it could retest the support at 0.00002097 USDT. TP: 0.00002097 USDT, SL: 0.00002300 USDT.
🔍 Market Outlook
The overall market sentiment for $SHIB/USDT remains bullish. Traders should watch for sustained volume and price action above the current levels to confirm the continuation of the upward trend. However, potential pullbacks should be monitored closely to manage risks effectively.
Like, Comment, and Follow: If you found this analysis helpful, please like, comment, and follow for more updates. Your support helps us provide more valuable insights.
If you want analysis of any coin, you can comment the pair name.
#Binance250Million #BinanceAlphaAlert #BTCRebounds95K #USStateBuysBTC #Write2Earn