$SHIB /USDT on the chart is currently showing a slight bearish trend after a period of consolidation. The current price is $0.00002317.
Entry: Consider a short entry at the current price or a slight pullback to $0.00002320.
Resistance: The immediate resistance level is at $0.00002350.
Support: The nearest support level is at $0.00002280.
Take-Profit Targets:
* $0.00002250
* $0.00002200
* $0.00002150
Stop Loss: Set a stop loss at $0.00002360.
Caution: Traders should monitor the market closely for any signs of a reversal or a breakout from the current consolidation pattern. If the price breaks above $0.00002350, the bearish trend may reverse, and traders should consider exiting their short positions.
Binance Post:
SHIB/USDT 15m - Slight Bearish Trend After Consolidation
The SHIB/USDT pair on the 15-minute chart is currently showing a slight bearish trend after a period of consolidation. The current price is $0.00002317.
Entry: Consider a short entry at the current price or a slight pullback to $0.00002320.
Resistance: The immediate resistance level is at $0.00002350.
Support: The nearest support level is at $0.00002280.
Take-Profit Targets:
* $0.00002250
* $0.00002200
* $0.00002150
Stop Loss: Set a stop loss at $0.00002360.
Caution: Traders should monitor the market closely for any signs of a reversal or a breakout from the current consolidation pattern. If the price breaks above $0.00002350, the bearish trend may reverse, and traders should consider exiting their short positions.
#Binance #SHIBUSDT #CryptoTrading #TechnicalAnalysis #TradingSignal
