$SHIB SHIB/USDT Market Update

Current Price: $0.00002397

24h Change: -1.11%

24h High: $0.00002462

24h Low: $0.00002371

Key Technical Levels:

🔸 7 EMA: $0.00002399

🔸 25 EMA: $0.00002404

🔸 99 EMA: $0.00002374

SHIB is experiencing minor consolidation after its recent rejection at $0.00002462, showing a tug-of-war between buyers and sellers.

Observations:

Price is oscillating around the 7 EMA, indicating indecision in the market.

The 99 EMA at $0.00002374 provides a strong support zone.

Strategy:

Watch for a breakout above $0.00002420 to confirm bullish momentum, targeting $0.00002462. For pullbacks, look for buying opportunities near the $0.00002374 support level.

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