SHIB/USDT – 1H – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.000020950 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000022340 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000027960 |
| 2nd High | 0.000027490 |
| Next High | 0.000022340 |
| Current Price | 0.000021540 |
| Next Low | 0.000020950 |
| 2nd Low | 0.000020880 |
| 3rd Low | 0.000018840 |