SHIB/USDT Trading Analysis📊📊📊✅
SHIB/USDT Trading Analysis
Here's an analysis of the current trading data for SHIB/USDT based on the data provided.
Key Trading Metrics
- Current Price: $0.00001888
- 24h High: $0.00001990
- 24h Low: $0.00001753
- Price Change (24h): +6.67%
Volume Details
- 24h Volume (SHIB): 11.37 Trillion SHIB
- 24h Volume (USDT): 213 Million USDT
- Meme Volume: Not specified
Time Intervals
The price data appears to be observed over several time frames:
- 15 minutes (15m)
- 1 hour (1h)
- 4 hours (4h)
- 1 day (1D)
Technical Indicators
- Depth Levels:
- AVL: $0.00001898
- Resistance Levels: $0.00002013, $0.00001990, $0.00001888
- Support Levels: $0.00001850, $0.00001688, $0.00001548, $0.00001525
- Volume Moving Averages:
- MA(5): 3,774,348,511,308 SHIB
- MA(10): 3,963,313,484,669 SHIB
- MACD (Moving Average Convergence Divergence):
- DIF: 0.00000012
- DEA: 0.00000015
- MACD: -0.00000003
- RSI (Relative Strength Index):
- RSI Value: 67, which typically suggests the asset is approaching overbought territory (RSI > 70 indicates overbought).
Order Book Analysis
- Buy/Sell Depth: The data indicates strong interest at levels close to the current price, with major buy and sell levels concentrated at the support and resistance prices mentioned above.
Actionable Insights
1. Trend: The +6.67% price increase within 24 hours suggests a bullish trend, though further analysis, especially on the RSI nearing 70, might indicate that SHIB is reaching a temporary peak in momentum.
2. Volume: The high 24h trading volume supports potential continued interest and liquidity, especially if the trend remains bullish.
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$SHIB