🚨 $SHIB /USDT ALERT: Eyes on Key Levels! 🚨
Price: $0.00002520 | Change: -1.25%
$SHIB is consolidating near MA7 ($0.00002490) and MA25 ($0.00002480), maintaining support but facing resistance near its 24h High ($0.00002572).
🎯 Key Levels to Watch:
Target 1: $0.00002550 – Immediate resistance; a breakout confirms bullish momentum.
Target 2: $0.00002600 – A test of the next significant level for potential higher highs.
Target 3: $0.00002800 – Long-term target for sustained uptrend.
📉 Support Levels:
$0.00002480 (MA25): Immediate support; a breakdown risks further downside.
$0.00002400 (24h Low): Critical for maintaining the trend structure.
⚠️ Trading Strategy:
Bullish Entry: On breakout above $0.00002550 with volume confirmation.
Bearish Entry: Below $0.00002400; target $0.00002350 or lower.
Stop Loss: Tight stops around $0.00002400 to minimize risk.
Next Move: SHIB shows decreasing volatility; MACD is flattening, suggesting a consolidation phase before a breakout or breakdown. Watch for volume surges to confirm the next trend direction.
#XRPPriceAction #SOLWatch #BONKBURNmas #MajorUnlocks #Write2Earn!