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SHIB analysis:
The price was rejected from the resistance area on the first attempt, and we may see another attempt in the coming days. Currently, the price is holding at the local support area. You can consider opening a long position at this local support level with a tight stop loss. However, if the price breaks below this support, it could move towards the major support area.
Local Support Area: $0.00001400-$0.00001450
Major Support Area: $0.00001150-$0.00001180
Resistance Area: $0.00001700-$0.00001750#NXPC Launchpool #Stablecoin Legislation #PPI Data Release