$SHIB /USDT Trade Setup
Market Insight:
$SHIB is trading at $0.00001353, showing a +2.58% gain over 24h. It has maintained a relatively tight range between $0.00001308 (Low) and $0.00001359 (High), with bullish momentum building above key support zones. The 24h volume of 1.76T SHIB and $23.41M USDT suggests active market participation. SAR is currently at 0.00001312, indicating potential upside continuation.
Entry Zone:
$0.00001330 – $0.00001345
This zone is near the SAR and prior support at $0.00001330. A pullback to this area offers a good risk-reward entry.
Targets:
Target 1: $0.00001380
Target 2: $0.00001420
Target 3: $0.00001480
Stop Loss:
$0.00001298
Below this level, the short-term bullish structure breaks. It’s just under the lower support from the previous range.
Key Levels:
Support: $0.00001314 / $0.00001298
Resistance: $0.00001380 / $0.00001420
Pivot Level: $0.00001346
Pro Tip:
Watch for a breakout above $0.00001360 with increased volume for confirmation of bullish continuation. SHIB tends to move in waves; consider scaling out partially at each target to lock in profits during volatile bursts.
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