Total Quality
Score
If You Had Traded on This Analysis…
Pending

SHIBUSDT
Long Entry
0.0000
2025-08-27
17:27 UTC
Target
0.0000
Fail
0.0000
Risk/Reward
1 : 2
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The analysis focuses on SHIBUSDT, noting that the price is currently below the 0.382 Fibonacci retracement level at 0.000016. As long as SHIBUSDT remains below 0.000016, there's no reason to assume the price will move higher. A break above 0.000016 would confirm a breakout to the upside, potentially leading to 0.000021 and then back to the high at 0.000033. However, remaining below 0.000016 implies a bearish trend. The analyst speculates on a possible accumulation phase while emphasizing the risk of the price revisiting lows around 0.000010. The analysis concludes that a break above 0.000016 is needed to confirm a bullish trend, with potential targets at 0.000022, 0.000026, and 0.000033.