🚀 $SHIB
/USDT Technical Analysis 📉
The SHIB/USDT pair has been showing some interesting movements, with a current price of 0.00002427 (-0.53%). Let’s dive into the technical levels and potential price targets for the upcoming hours.
Key Levels to Watch:
1. Target 1: 0.00002500 🎯
The first major resistance level is at 0.00002500. A break above this could signal a bullish continuation. Watch for potential confirmation with increasing volume and momentum.
2. Target 2: 0.00002350 🎯
On the flip side, the next support level is 0.00002350. If the price retraces, this zone may offer a good buying opportunity for a bounce back towards the higher resistance levels.
3. Target 3: 0.00002280 🎯
The next critical support lies at 0.00002280. A further dip below this could indicate a bearish trend, so be cautious if the price struggles to hold above this level.
Current Trend: SHIB is currently in a consolidation phase between 0.00002303 and 0.00002482. The next few hours will be crucial in determining the short-term direction.
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