$SHIB $SHIB

Professional Analysis of $SHIB /USDT Chart

Support and Resistance Levels

- **Support Levels:**

- **0.00001820:** This is the 24-hour low and a key support level.

- **0.00001710:** Another support level indicated on the chart.

- **0.00001583:** A lower support level seen in recent price action.

- **Resistance Levels:**

- **0.00001875:** This is the 24-hour high and a key resistance level.

- **0.00001983:** A recent high point on the chart.

- **0.00002004:** A higher resistance level indicated on the chart.

#### Entry Signal

- **Entry Point:** Consider entering a long position if the price breaks above the resistance level of 0.00001875 with strong volume.

- **Stop Loss:** Place a stop loss just below the support level at 0.00001820 to minimize potential losses.

- **Take Profit Levels:**

- **First Take Profit:** 0.00001983, the recent high.

- **Second Take Profit:** 0.00002004, the higher resistance level.

### Summary

The chart shows the SHIB/USDT trading pair with key support and resistance levels identified. An entry signal is suggested if the price breaks above 0.00001875, with stop loss and take profit levels provided for risk management. 📈

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