$SHIB /USDT Technical Analysis & Trade Signal
$SHIB /USDT is currently trading at 0.00002771, maintaining a bullish structure after a significant recovery from the local support level of 0.00002684. A breakout above resistance could trigger further gains.
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Entry Zone: 0.00002750 - 0.00002780
Targets:
1. 0.00002800 - Immediate resistance zone.
2. 0.00002850 - Short-term target on bullish continuation.
3. 0.00002920 - Key breakout target, confirming a strong upward move.
Stop Loss: Below 0.00002700 (support level).
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Analysis Insights:
The price is consolidating near 0.00002800, which acts as resistance.
Volume is rising, signaling possible bullish momentum.
Watch for a breakout above 0.00002800 with strong volume for confirmation.
Risk management remains key; place stop loss to avoid unexpected reversals.
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