# Deep Technical Analysis: SHIB/USDT - Opportunities in a Volatile Market
📊 **Executive Summary**
The *SHIB/USDT* pair is showing interesting technical dynamics on the 1D timeframe, with the *RSI(6) at 35.44* (close to oversold levels) and a significant volume of *1.61T SHIB (23.12M USDT)* over the last 24 hours. The current price (*$0.00001405, -0.07%*) is hovering between key support and resistance levels, which could signal a potential reversal or continuation of the downtrend.
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🔍 **Key Indicators**
1. *Moving Average (MA):*
- *MA(5):* 1.473B SHIB (slightly below current volume).
- *MA(10):* 2.011B SHIB (distant support).
- *Interpretation:* The break of MA(5) suggests short-term selling pressure, but the low RSI could anticipate a rebound.
2. *RSI(6): 35.44*
- Level close to oversold, historically an accumulation area for SHIB.
3. **SAR (Stop and Reverse): 0.00001572**
- Above the current price, confirming a bearish trend in the very short term.
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📉 **Critical Levels**
- *Immediate resistance:** **$0.00001475** (last swing high).
- **Key support: **$0.00001315** (accumulated liquidity zone).
- **Breakout/Collapse: A break above $0.00001475 could push the price towards *$0.00001765*, while losing $0.00001315 would open the door to *$0.00001153*.
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🎯 **Proposed Strategy**
1. **Bearish Scenario (conservative):**
- *Entry:* In retest of $0.00001475 with decreasing volume.
- *Target:* $0.00001315 (partial take-profit) and $0.00001153.
- *Stop-loss:* Above $0.00001475.
2. **Bullish (aggressive) scenario:**
- *Entry:* If RSI bounces from 35 with increasing volume.
- *Goal:* $0.00001475 and then $0.00001765.
- *Stop-loss:* Below $0.00001315.
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🚨 **Risks and Considerations**
- **Extreme volatility:** SHIB is a *meme coin* with abrupt reactions to news.
- **Limited Market Depth:** Wide spreads at key levels.
- **Macro Events:** Monitor Bitcoin, as its movement affects the entire market.
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🔥 **Conclusion**
SHIB/USDT offers a high-risk/high-reward technical setup. **My personal plan:** I'll wait for volume confirmation at $0.00001315 to enter a long position, with a clear stop. In trading, patience and risk management are the real strengths.
Which strategy do you prefer? Do you see more upside or downside potential? Share your analysis!
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*Note: This analysis is not financial advice. Always do your own research (DYOR).
