$SHIB /USDT Analysis: Preparing for a Potential Third Top
🔍 Price Overview:
Current Price: $0.00002162 (-0.05%)
The chart indicates a potential setup for a third top formation after two previous attempts.
💡 Trade Setup:
Entry Zone: $0.00002155 - $0.00002165
Targets:
Target 1: $0.00002180 (Previous Resistance)
Target 2: $0.00002200
Stop Loss: $0.00002140 (Below key support)
📉 Observation: Price action is showing signs of consolidation, potentially leading to an upward breakout to test the third top.
🚨 Strategy: Monitor for a breakout above $0.00002170 to confirm bullish momentum. If resistance holds, watch for rejection signals near the previous highs.
