$SHIB /USDT has been consolidating in a narrow range for the past few hours, forming a symmetrical triangle pattern. This pattern often precedes a strong breakout in either direction.
Current Price: 0.00002244
Entry: Wait for a breakout above the upper trendline of the triangle (around 0.00002280) or below the lower trendline (around 0.00002220).
Resistance: 0.00002300, 0.00002320, 0.00002340
Support: 0.00002200, 0.00002180, 0.00002160
Take-Profit Targets:
* 1st TP: 0.00002300
* 2nd TP: 0.00002320
* 3rd TP: 0.00002340
Stop Loss: Place a stop loss below the recent swing low (around 0.00002200) to protect your position.
Caution: Traders should watch for stability or potential breakout signals before entering a trade. Always use proper risk management and consider consulting with a financial advisor before making any investment decisions.
