SHIB / TetherUS
Long

SHIBUSDT 1-day chart review.

979
Hello everyone, let's take a look at the 1-day SHIBUSDT chart as we can see that the SHIB price has emerged from a prolonged downtrend.

Let's start by identifying the support that the shib price has on the way and as you can see the first support is $ 0.0000011234, but if it is raised, we already have a support zone from $ 0.00000706 to $ 0.00000953.

Now we will turn our attention to the resistance that we need to overcome in order for the price to rise further. In the first place, we have a support zone from $ 0.00001246 to $ 0.00001579, the next resistance is at $ 0.5328 and then a second support zone from $ 0.00002116 to $ 0.00002507.

It is worth paying attention to the CHOP indicator, which shows that the energy is slowly starting to rise, and the MACD indicator indicates that we have entered an upward trend.

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