🚨💥$SHIB /USDT 🚀 Shiba Inu's Explosive Rally! 🐕💥🚨
Overview
Shiba Inu ($SHIB) is currently on a bullish streak, surging by a massive +18.63% in the past 24 hours. 🔥 The chart is painting a picture of strong bullish momentum, with the price action forming higher highs and higher lows.
Trade Scenarios
* Bullish Scenario: If the price breaks above the $0.00003170 resistance level, it could trigger a further rally towards the $0.00003212 level. 🚀
* Entry: $0.00003170 🟢
* Stop Loss: $0.00002608 🔴
* Take Profit: $0.00003212 🎯
* Bearish Scenario: A dip below the $0.00002608 support level could indicate a potential reversal. 📉 However, the overall trend remains bullish.
Market Outlook
Given the strong bullish momentum and the positive price action, $SHIB is likely to continue its upward trend in the short term. 📈 Traders should keep an eye on the MACD indicator for potential divergences that could signal a reversal.