SHIB/USDT – 1H – SELL
The 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 |