$SHIB /USDT Market Analysis
Reversal Confirmed – Bullish Momentum Unleashed!
Following a sharp correction, SHIB/USDT has demonstrated robust reversal momentum, breaking past the previous higher high of 0.00002760. This breakout signals strong bullish sentiment and the potential for continued upward movement.
Trading Signal:
Entry Zone: 0.00002780 - 0.00002790
Targets:
Target 1: 0.00002820
Target 2: 0.00002850
Target 3: 0.00002900
Stop Loss: Below 0.00002750
Market Insight:
The price action reflects a bullish reversal after testing key support levels, followed by a breakout above resistance. With SHIB/USDT building momentum, traders should keep an eye on trading volume to confirm sustained movement toward the targets.
Risk Management: Ensure proper risk controls by maintaining the stop loss to protect against any unexpected reversals.