$SHIB /USDC – Momentum Builds for Breakout
The $SHIB/USDC pair is currently trading at $0.00002042, showing a 2.30% increase over the last 24 hours. The price is hovering near a critical resistance zone at $0.00002050, signaling potential for a breakout. With a daily high of $0.00002052 and a low of $0.00001949, traders should watch for confirmation of bullish momentum before entering.
Trading Strategy:
Entry Range: $0.00002035 - $0.00002045
Target 1 (TP1): $0.00002100
Target 2 (TP2): $0.00002114
Stop Loss (SL): $0.00002013
This setup aims to capture upward momentum if $SHIB/USDC breaks above the resistance zone, targeting higher levels while keeping risk low with a tight stop loss below key support.
With trading volume increasing, this setup offers an excellent opportunity to ride the bullish wave. However, monitor the resistance level closely for any potential rejection before making a move.