/USDT Technical Analysis: Key Levels to Watch đŻThe SHIB/USDT pair has shown some bullish momentum recently, currently trading at $0.00001767, up 6.32% in the last 24 hours. As traders navigate this volatile market, here are three key targets to watch:Target 1: $0.00001812
This level represents a significant resistance area. A sustained breakout above this target could signal further bullish momentum and attract more buying interest.Target 2: $0.00001786
The recent 24-hour high, this level acts as a psychological barrier. If SHIB can consistently hold above this price, it may encourage traders to position for higher gains.Target 3: $0.00001690
This is the 7-period moving average, indicating short-term support. A dip towards this level could provide a buying opportunity for traders looking to enter before a potential rebound.Market Indicators:24h High: $0.0000178624h Low: $0.0000160524h Volume (SHIB): 3.29 trillion
Conclusion: Keep an eye on these targets as SHIB/USDT continues to evolve in this dynamic market. Analyzing price action and volume will be crucial in making informed trading decisions.Stay updated and trade wisely!
