🦊$SHIB /USDT

🦊🦊The market appears bearis📉 in the short term, with potential for a reversal if the price holds above the support level

🦊Current Price: 0.00001198 USDT, down 1.80% from the previous period.

24h Range: High of 0.00001227, Low of 0.00001160.

✔️24h Volume: 1.24T SHIB / 14.74M USDT.

Trend: The price is on a downward trajectory, as indicated by the red candlesticks and the downward-sloping moving averages (MA(5) and MA(10)).

Indicators:

RSI(6) is at 41.73, suggesting the asset is nearing oversold territory (below 30 indicates oversold, above 70 overbought).

Volume is significant at 13.487M over the shown period.

📊Support/Resistance: The chart shows a support level around 0.00001160 and resistance near 0.00001374.#MarketPullback