📊 Technical Analysis for Shiba Inu ($SHIB /USDT) - Short-Term Trading Setup 📉

Current Price: $0.00001038 (Please replace with the latest price)

Market Overview:

24h High: $X (Replace with the actual high)

24h Low: $X (Replace with the actual low)

24h Volume: $X (Replace with the actual volume)

Technical Indicators:

Moving Averages (MA): The price is hovering near key support, signaling potential for a bounce.

RSI (Relative Strength Index): RSI is near oversold levels, indicating a possible reversal in the short term.

MACD (Moving Average Convergence Divergence): A bearish crossover suggests continued short-term downward pressure.

Bollinger Bands: Price is near the lower band, implying increased volatility and a potential recovery.

🎯 Short Trade Targets:

1. Target 1: $0.00001050 (Immediate Resistance)

2. Target 2: $0.00001020 (Support Zone)

3. Target 3: $0.00000990 (Key Support Level)

⚠️ Risk Management: Watch closely for a break above $0.00001050 for confirmation of a potential upward move. A break below $0.00001020 could trigger further downside.

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