SHIB/USDT – 1H – SELLThe pair Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.000027440 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000028840 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000033430 |
| 2nd High | 0.000029790 |
| Next High | 0.000028840 |
| Current Price | 0.000026930 |
| Next Low | 0.000027440 |
| 2nd Low | 0.000024180 |
| 3rd Low | 0.000023320 |