🚀 $SHIB /USDT Technical Analysis & Trade Signal - Bearish to Bullish Potential! 🚀
Current Price: 0.00002169
Trend: Bearish (8.75% Downtrend)
Support Level: 0.00002121
Resistance Level: 0.00002379
🎯 Target Levels to Watch! 🎯
1. Target 1: 0.00002250 (+3.73%)
Watch for a short-term bounce at this level!
2. Target 2: 0.00002300 (+6.05%)
Breaking this level could signal a reversal towards bullish momentum.
3. Target 3: 0.00002350 (+8.52%)
Key resistance point! A break above this could unlock further upside potential.
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📉 Current Momentum & Trade Recommendation 📈
Bearish Momentum: The recent drop suggests continued downward pressure, but there’s potential for a bounce near support.
Reversal Possibility: If the price stabilizes and breaks resistance, SHIB could experience a short-term recovery.
Trade Strategy:
Sell at current price if the downtrend continues, with tight stop-losses below 0.00002121.
Buy cautiously if resistance is broken with targets at 0.00002250, 0.00002300, and 0.00002350.
Stop-Loss: Below 0.00002121 for risk management.
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