SHIB/USDT – 1H – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000023790 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000026160 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000030460 |
| 2nd High | 0.000026210 |
| Next High | 0.000026160 |
| Current Price | 0.000023690 |
| Next Low | 0.000023790 |
| 2nd Low | 0.000023260 |
| 3rd Low | 0.000022590 |