1000SHIBUSDT Perpetual (2024-12-30):
1-hour chart:
. The current scenario shows a strong bearish trend.
. The current price at 0.021128 is breaking down key support levels, including the POCs of the previous consolidation regions and the day's open (0.021339).
. The VWAP (0.021498) and the 200-period moving average (0.022682) are well above the current price, reinforcing the dominance of the sellers.
. The last relevant top at 0.024074 marks a significant resistance, far from the current level.
. The weakness in the price, combined with the loss of important supports, indicates that the selling pressure remains firm, with a high probability of a continuation of the decline.
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