$SHIB
💥 SHIB/USDT Approaching Resistance After a +7.79% Rally! 🔥
JUST ONE CLICK AND CLAIM FREE REWARDS 🎁🎁🎁🎁🎁🎁
Current Price: 0.00001408 USDT (+7.79%)
24-Hour High (Resistance Level): 0.00001428 USDT
24-Hour Low (Support Level): 0.00001306 USDT
24-Hour Volume:
SHIB: 2.14 Trillion
USDT: 29.52 Million
SHIB has jumped nearly 8% and is now testing a key resistance level. Based on market indicators, the price might either break out higher or pull back, depending on trading volume and momentum.
Technical Overview:
RSI – Near overbought levels. A correction might follow.
MACD – Shows a bullish crossover, signaling strong upward momentum.
Bollinger Bands – Widening bands suggest rising volatility and possible breakout.
Resistance Zone – Around 0.00001400 USDT. A key area to watch for the next big move.
Trade Setup:
Bullish Scenario – Breakout Trade
Buy Entry: Above 0.00001410 USDT (only if there's strong volume).
Take-Profit Targets:
TP1: 0.00001430 USDT
TP2: 0.00001450 USDT
Stop Loss: Below 0.00001400 USDT
Tip: After reaching TP1, move your stop loss to breakeven and secure 50% profit.
Bearish Scenario – Pullback Trade
Sell Entry: Below 0.00001400 USDT (if price gets rejected at resistance).
Take-Profit Targets:
TP1: 0.00001380 USDT
TP2: 0.00001360 USDT
Stop Loss: Above 0.00001410 USDT
Tip: After TP1 is hit, shift your stop loss to entry and lock in some gains.
Important Tips:
Watch the trading volume – strong volume confirms real moves.
Keep an eye on the 0.00001428 resistance. If price doesn’t break it, it might move sideways for a while.
Always manage risk well, especially during high volatility.
Disclaimer: Always do your own research (DYOR) before trading.
