SHIB/USDT Simple Chart Analysis – What’s Next?
Hey SHIB lovers! Let’s break it down in easy words with some emojis:
Current Price: 0.00001265
Resistance Zones (Where Price Might Fall Down):
🔴 Strong Resistance Zone: 0.00003800 – 0.00004004
🟠 Intermediate Resistance: Around 0.00003159
Support Zones (Where Price Might Bounce Up):
🔻 Immediate Support: 0.00001055 – Holding the price for now
🔵 Strong Support Zone: 0.00000000 – 0.00000500 – Big buyers may step in here
Trendlines Matter:
📉 Descending Trendlines: Act as resistance (price might fall from here)
📈 Ascending Trendlines: Act as support (price might bounce from here)
Possible Moves Ahead:
1️⃣ Bearish Move: If price stays under trendline, it could drop to 0.00001055
2️⃣ Sideways Range: Might move between support and resistance for a while
3️⃣ Bullish Reversal: If SHIB breaks above trendline, we could aim for 0.00003159 and higher
What to Watch:
📊 Volume: More volume = stronger moves
📰 News & Market Sentiment: Can quickly change SHIB’s direction
SHIB is stuck between key support and resistance. Watch the trendlines and volume to catch the next big move! Use stop-loss and stay smart.
Let the SHIB army stay strong!
Want me to design this visually on a chart too?
Always DYOR......
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