👋 Hey traders! I hope you’re doing great! Let’s dive into SHIB/USDT, which is showing exciting signs of strength.
SHIB/USDT has successfully flipped the **0.236 Fibonacci level ($0.0258)** into **support** 🔄. This key level now provides a solid foundation for further upside. With **volume spikes 📊** and bullish momentum indicators 🟢 in play, SHIB might be preparing for its next big move.
**MFI 💰** is at **63.88**, signaling strong buying pressure but leaving room for more gains. The **OBV 📈** continues to rise, reinforcing the bullish trend.
Key Levels to Watch: - **Support**: $0.0258 (0.236 Fib) — a strong level for potential continuation. - **Resistance**: $0.035 (0.382 Fib) — the next target if buyers push higher.
What to Watch: - 🟢 **Bounce from Support**: Holding $0.0258 could lead to a rally toward $0.035. - 🛑 **Break Below Support**: If $0.0258 fails, a retrace toward $0.0184 (0.786 Fib) could occur.
Takeaway: SHIB/USDT is holding a crucial support zone at $0.0258. Will the bulls 🐂 take charge for a breakout, or will bears 🐻 step in for a pullback? Let me know your thoughts below! 💬
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