š $SHIB /USDT Trading Alert
šØ Price Action:
$SHIB /USDT has been on a sharp decline, dropping 16.45% in the past 24 hours. The price is currently trading at 0.00002017, approaching the 24-hour low of 0.00002016, indicating bearish momentum.
ā” Key Levels:
Resistance: 0.00002450 (24-hour high), 0.00002207
Support: 0.00002016 (current low), 0.00002000 (psychological level)
š Suggested Trade Setup:
Entry: 0.00002020
Take Profit Targets:
TP1: 0.00002100
TP2: 0.00002200
TP3: 0.00002300
Stop Loss: 0.00001950
ā ļø Caution:
The RSI is oversold at 20.67, suggesting a potential rebound or consolidation in the near term. However, wait for confirmation of reversal signals before entering. Always manage your risk appropriately.
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