Here's SHIB Technical Analysis ::-- #SHIB is Currently Tradi | Binance Spot Ruler.
Here's SHIB Technical Analysis ::--
#SHIB is Currently Trading in Upward and Downward Channel with V shaped Trading Pattern and Now Making Great Support Around 0.00003$ - 0.000035$ which is good Sign for Long Term prospective.
Trade Safely and with Proper Stop Loss in #SHIB bcoz It have Huge Number of Supply n As well as Holders. *Bit of BTC correction Can impact Badly on Sentiments.*
Current Support For SHIB is Now Around 0.000036$. And Major Support is Around 0.000033$ - 0.00003$.
For Now Current Resistance For SHIB is Around 0.000046$ And Major Resistance Around 0.000055$.
If SHIB will Able To Hold & Close above 0.000036$ in Day Timeframe or At Least (2-3 ) 4Hourly Candle then we can Say it is great and We Can Expect A Good Pump in coming Days Which Can Lead SHIB price to 0.00005$ - 0.000055$-0.00006$+
But,
If SHIB Unable to Hold and Respect Current supports then We will See a Correction which will Retrace SHIB price to its Major Support Which is Around 0.000035$-0.00003$.(Don't Miss To Add Some in Portfolio.)
Trade According Support and Resistance in Short Term.
Long Term Holders Can Accumulate again if Dip Comes in SHIB price.
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