SHIB/USDT Bullish Signal: Bull Market Structure Strengthens, Target Aiming for $0.00001725
Entry Point: 0.00001621
Stop Loss: 0.00001543
Target in Phases: 1: $0.00001690
2: 0.00001710
3 (Final): 0.00001725
Technical Analysis:
SHIB is attracting strong attention, currently up 1.21%. The chart shows a strengthening structure, with lows gradually rising and momentum continuing upward. Trading volume is steadily increasing, with clear buyer dominance, forming a new accumulation trend.
If SHIB stabilizes above the support at 0.00001600 and breaks through the resistance at 0.00001675, there is potential for a short-term continuation upward, challenging the 0.00001725 area.
Strategy Suggestion:
Take profit in phases. Once Target 1 is achieved, consider raising the stop loss above the entry price to achieve risk control and profit protection simultaneously. The trend remains strong, suitable for trend-following.