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Sunday, December 24, 2023

December 24, 2023 at 12:32AM Shib vs Usd Buy level 0.00001030 to 0.00001090 Target 0.00001550

Shib vs Usd Buy level 0.00001030 to 0.00001090 Target 0.00001550

SHIB / TetherUS BINANCE:SHIBUSDT

Shib vs Usd Buy level
0.00001030 to 0.00001090
Target 0.00001550 to 0.00001590
All Level Clear


Saturday, December 23, 2023

December 23, 2023 at 08:59AM SHIB/USDT In the crucial area, Could SHIB Breakout or Rejected ?

SHIB/USDT In the crucial area, Could SHIB Breakout or Rejected ?

SHIB / TetherUS BINANCE:SHIBUSDT

πŸ’Ž SHIB, a notable player in the market, is currently advancing towards a critical supply area. Recently, SHIB faced a strong rejection at this juncture. For continued upward momentum, SHIB needs to break through this supply area. A confirmed breakout, probability could set the stage for SHIB to progress towards our identified strong resistance area.

πŸ’Ž However, should SHIB struggle to breach this resistance and instead consolidate at this level over the next few days, it might face another rejection. Such a development could lead SHIB to retreat towards the support level at $0.00092.

πŸ’Ž The support area at $0.00092 plays a pivotal role in SHIB's trajectory. A robust bounce from this level is necessary for SHIB to attempt another breakout of the supply area. Failure to sustain and rebound from this support could indicate weakening buyer momentum, raising the possibility of losing this support level. If SHIB breaks below this support, it could be directed towards the lower bullish OB area.


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