$SHIB USDT TECHNICAL ANALYSIS – MARKET NEXT MOVES

$SHIB USDT is currently trading at $0.00000990, down 3.41% over the past 24 hours. The pair has seen a high of $0.00001034 and a low of $0.00000986, indicating a bearish pullback after recent attempts to hold above the $0.00001000 mark.

Key Levels:

Support: $0.00000983 – $0.00000986

Resistance: $0.00001015 – $0.00001037

The price is hovering near lower support, suggesting that sellers are maintaining short-term control, while bulls may look to defend the $0.00000980–$0.00000990 range to avoid deeper losses.

Short-term outlook:

A recovery above $0.00001015 could push the price back toward the resistance zone at $0.00001034–$0.00001037.

However, a break below $0.00000983 may trigger a further correction, potentially retesting the $0.00000950 support zone.

Volume Analysis:

24h volume of 1.02T SHIB (~$10.34M USDT) reflects strong trading activity, showing active participation despite the current pullback.

Overall, SHIB remains in a tight consolidation phase, with traders watching for a directional breakout to determine the next major move.

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