đ Rationale: SHIB is showing signs of breaking above recent resistance. If the price sustains above 0.00002285, it may target higher resistance zones. Momentum and volume are supportive of bullish movement.
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đ´ Short Trade Setup
Entry Level: 0.00002270
Target 1: 0.00002250
Target 2: 0.00002230
Stop Loss: 0.00002290
đ Rationale: A rejection at current levels or a break below 0.00002270 could signal a bearish pullback. Targets align with previous support zones.
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đ Key Observations:
Momentum: Moderate bullish momentum as SHIB gains +2.38% in 24H.
Volume: Healthy trading volume; high volatility expected.
Range: Current price is trading near the top of the recent range.
â ď¸ Risk Management: Use strict stop losses, especially in a highly volatile market like SHIB. Monitor order book activity for significant changes.
Stay disciplined and trade strategically! đđ#BTCBackto100K #LTCETF #CPIPlunge2025