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$SHIB /USDT Technical Analysis – 4H Chart 🔍
Current Price: $0.00002692
24H High: $0.00002796 | 24H Low: $0.00002655
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🟢 Long Trade Setup
Entry Zone: $0.00002700 – $0.00002720
Target 1: $0.00002850
Target 2: $0.00002950
Stop Loss: $0.00002640
Reasoning:
SHIB is consolidating near support with potential for upward movement. A breakout above $0.00002720 could push the price to test resistance levels at $0.00002850 and $0.00002950.
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🔴 Short Trade Setup
Entry Zone: $0.00002680 – $0.00002660
Target 1: $0.00002600
Target 2: $0.00002540
Stop Loss: $0.00002720
Reasoning:
Failure to hold above $0.00002660 could trigger a bearish move, testing supports at $0.00002600 and potentially $0.00002540.
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📈 Key Levels to Watch
Resistance: $0.00002750 | $0.00002900
Support: $0.00002640 | $0.00002540
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🔮 Prediction:
A bullish breakout above $0.00002720 could drive recovery toward $0.00002900.
A breakdown below $0.00002660 may lead to bearish continuation toward $0.00002600 and $0.00002540.
⚠️ Risk Management: Use stop-loss orders and watch for volume spikes to confirm trends. 📊
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