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$SHIB /USDT 🚀 SHIB/USDT Market Update: Testing Key Support

Shiba Inu ($SHIB) is currently trading at $0.000006042 (+0.75% on the day) after retracing from a 24-hour high of $0.000006240. On the 15-minute timeframe, price action has pulled back toward the lower boundary of its daily range as traders look for a potential reversal or consolidation zone.

📊 Key Technical Metrics:

* Current Price: $0.000006042

* 24h High / Low: $0.000006240 / $0.000005886

* Immediate Support: $0.000006038 – $0.000005886

* Immediate Resistance: $0.000006173 – $0.000006240

* 24h Volume (SHIB): 3.03T

* 24h Volume (USDT): ~$18.35M

💡 Market Insight:

Price action is currently hovering near the $0.000006038 support line. Holding above this level could encourage buyers to test resistance back up toward $0.000006173. Conversely, breaking below this support could test the 24-hour low near $0.000005886.

Are you adding to your position at these levels or waiting for higher timeframe confirmation? Share your thoughts below! 👇

#Shiba Inu burn rate spikes #Shibainu #CryptoAnalysis #trading


coin
SHIB/USDT
0.000004591
+0.43%

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