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$SHIB/USDT – LONG SETUP: BULLS SHOWING STRENGTH
Entry: $0.00001621
Target 1: $0.00001690
Target 2: $0.00001710
Final Target: $0.00001725
Stop Loss: $0.00001543
Trade Rationale:
Shiba Inu (SHIB) is currently showing bullish momentum with a 1.21% uptick and signs of breaking above recent key resistance zones. The price structure is turning bullish with higher lows and stronger buying momentum. Increasing volume adds confirmation, signaling fresh accumulation and growing buyer interest.
As long as SHIB holds above the $0.00001600 zone, the path toward $0.00001725 remains open in the short term. A clear breakout above $0.00001675 could fuel further upside movement.
Risk Management Advice:
Scale out profits at each target level and once Target 1 is achieved, consider moving your stop-loss to entry to secure gains while keeping risk under control.
Trade SHIB on your preferred exchange and manage your position wisely.