Shiba Inu
Long

SHIB/USD - Potential 72% Setup

364
Hello Traders!

The SHIB price is on the way out of the downtrend and is testing the MA100 on the daily timeframe.

A less risky option is looking at buying after the price exits above $0.00003100

It is possible to try purchasing at the early stage during exit from the downtrend, in the range of $0.00002550 - $0.00002750

It's rational to place the stop-loss under the price level of $0.00002000.

The targets will be the price levels of $0.00003800 and $0.00004500

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice

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