1000SHIB Ready for a Massive Move? Key Support Holding Strong! 🔍 Market Analysis & Trade Opportunity
The ( BINANCE:1000SHIBUSDT.P ) pair is sitting at a critical support zone, showing signs of potential reversal. With buyers stepping in and multiple rejections forming, this level could act as a launchpad for the next bullish rally.
🧐 Why This Setup is Import
SHIB1000USDT: Reversal or Breakdown?
📉 BYBIT:SHIB1000USDT.P is currently trading at a critical support zone around 0.019900 USDT . After multiple tests of this level, buyers are stepping in, but is it enough to trigger a rally?
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🔑 Key Levels:
Support:
0.018347 USDT — the last support level, a breakdown her
CHoCH (Change of Character) in Crypto TradingWhat is CHoCH?
CHoCH (Change of Character) is a concept from Smart Money Concept (SMC) used in technical analysis. It signals a shift in market behavior and often marks the beginning of a new trend phase, whether a trend reversal or consolidation.
Unlike Break of Structure (BoS), which confirm
Fresh Demand Zone IdentifiedDespite potential year-end challenges in the crypto market, it’s crucial to plan for buying scenarios to navigate adverse conditions. For SHIBUSDT, the fresh demand zone highlighted on the chart represents the strongest remaining support level, where buyers are likely to step in.
This zone offers a
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SHIBUSDT Bullish Move Confirmed!SHIBUSDT technical analysis update
SHIB's price has broken the trend resistance line and made a new higher high on the daily chart. Additionally, it has crossed above the 100 EMA on the daily timeframe, which is considered a strong bullish signal for SHIB.
We could potentially see a 100-200% bulli
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.