Let's go to the technical analysis of the SHIB/USDT pair on a 4-hour timeframe, based on the image:
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🔍 Current Technical Summary
• Current price: 0.00001359 USDT
• 24h Change: +2.57%
• Recent High: 0.00001416
• Recent Low: 0.00001227
• 24h Volume: 2.00T (high interest)
• Moving Averages:
• MA(7): 0.00001317 (below the current price, good short-term support)
• MA(25): 0.00001331 (acted as support in the last green candle)
• MA(99): 0.00001222 (key support in case of a strong pullback)
• MACD: Slightly negative, but starting to turn upwards (potential bullish crossover if buying volume continues).
• Volume: Increasing in the last candles, which confirms the current bullish momentum.
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📈 Short-Term Price Projection
If it maintains the momentum and volume:
• Immediate resistance zone: 0.00001383 – 0.00001416
(key zone where it was recently rejected)
In case of a confirmed breakout by volume:
• Next target: 0.00001500 – 0.00001600 (psychological level and previous resistance from March)
Important supports:
• 0.00001317 (MA7)
• 0.00001300 (psychological level)
• 0.00001222 (MA99, key support if there is a deep correction)
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📊 Strategic Conclusion
• The current momentum is positive, with signs of recovery.
• If it breaks 0.00001416 with strength and volume, it is likely to go straight to 0.000015+.
• If the volume declines, it could retest 0.00001300 – 0.00001270 as support. $SHIB