šØ $SHIB
/USDT Technical Analysis šØ
The SHIB/USDT pair has shown some volatility in the past 24 hours, currently trading at 0.00002427, down -4.56%. Letās dive into the price action and set targets for the next possible moves.
š Key Levels:
24h High: 0.00002616
24h Low: 0.00002379
š Support & Resistance:
Immediate Support: 0.00002379
Immediate Resistance: 0.00002616
šÆ Target 1: 0.00002350
If SHIB continues its downtrend, this level could be a short-term support. Traders may look to buy near this price if they believe in a bounce back.
šÆ Target 2: 0.00002280
A deeper pullback could bring SHIB to this support zone, where strong buying pressure might emerge, creating a potential reversal.
šÆ Target 3: 0.00002700
In case of a bullish reversal, breaking above the resistance at 0.00002616 will bring SHIB closer to this next target, offering a possible opportunity for profit-taking.
š Current Sentiment: Bearish in the short term, but watch for signs of a reversal at key support levels.
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