SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.000024320 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.000026490 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 2.428E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000026490 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000030460 |
| 2nd High | 0.000028180 |
| Next High | 0.000026490 |
| Current Price | 0.000024980 |
| Next Low | 0.000024320 |
| 2nd Low | 0.000024280 |
| 3rd Low | 0.000024250 |