Hello everyone, let’s take a look at the SHIB to USDT chart over time.
Let’s start by identifying the downtrend line under which price is currently moving.
Currently, the price is oscillating between support and resistance . The first support is at the level of 0.00002405$, while the next support can be set at 0.00002093$ and 0.00001711$.
However, if the correction is complete, we can set the first resistance at 0.00002632$, and the next resistance at 0.00002807$ and 0.00002982$.
The CHOP indicator also shows that we are starting to regain our energy.