The pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards
A bearish movement downwards to the next support line at 0.000012840 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000013380 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000013440 |
| Next High | 0.000013380 |
| Current Price | 0.000013160 |
| Next Low | 0.000012840 |
| 2nd Low | 0.000012820 |
| 3rd Low | 0.000012330 |
0.000013380 – 0.000013220 – 0.000012770 – 0.000012840 – 0.000012820 – 0.000012330