SHIB: Accumulating around the support zone, waiting for a breakout signal

$SHIB

Current price: 0.00001437 USD

24h volatility: -0.07%

24h trading volume: ~388 million USD

Overview of the trend: SHIB is trading near a strong support zone at 0.000014 USD, with trading volume surging nearly 4 times, indicating signs of accumulation and the potential for a short-term recovery.

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🎯 Short-term trading strategy

• Long Order:

• Entry: 0.0000138 – 0.0000140 USD

• TP: 0.0000155 USD

• SL: 0.0000132 USD

• Probability: ~65%

• Reason: Strong support zone, increased trading volume, potential recovery if the market maintains its overall momentum.

• Short Order:

• Entry: 0.0000160 – 0.0000162 USD

• TP: 0.0000145 USD

• SL: 0.0000168 USD

• Probability: ~55%

• Reason: Strong resistance zone, selling pressure may appear for profit-taking.

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