Hello everyone, let’s take a look at the SHIB to USDT chart on the 4H time frame as we can see the price is moving above the uptrend line.

Let’s start with the designation of the support line and as you can see the first support in the near future is $ 0.00002413 on which the price is currently based if the support breaks, the next one is $ 0.00002257 and another $ 0.00002070.

Now let’s move from the resistance line, as you can see, the first resistance is $ 0.00002629, if you can break it, the next resistance will be $ 0.00002795, the next resistance is $ 0.00002973 and the next one at $ 0.00003214.

Looking at the CHOP indicator , we can see that in the 4-hour interval we have a lot of energy and we can expect traffic in the coming hours.