Technical analysis by SynergyTradingSetups about Symbol SHIB: Buy recommendation (1/2/2025)

Shiba is holding a vital support as of right now. We want to see the crypto market react here and continue upwards and these areas are great to accumulate strategically. You could have a SL below the low at around .2027 if you wanted to be super tight, however it is easier to accumulate and watch the price action carefully around this level, we want to hold the support and not break below. Also, we posted the linked TESLA chart a few months ago, notice the similarities. This doesn't mean it'll happen again, more of an interesting observation. Follow the PA carefully.