SHIB fell again, with bears overpowering bulls, how to grasp support and Rebound in the next 24 hours?

Trend analysis:
SHIB is currently priced at $0.00001547, down 3.97% in the past 24 hours. Technically, it is in a strong bearish trend, with the price falling below the support level of $0.00001505 and breaking through the short-term support line. The RSI value is 38.77, approaching the oversold zone, which may suggest the potential for a rebound, but the strength of the bears should not be underestimated.

Support and Resistance Levels:
• support level: 0.00001505 US dollars (strong support), if this support level is broken, it may further test down to 0.00001493 US dollars.
• Resistance level: $0.00001555, currently facing resistance in the Rebound, if this resistance level is broken, a short-term Rebound may be possible, with a target of $0.00001594.

Bull and Bear Game:
The current market sentiment is biased towards bears, DIF and DEA are in the negative range, and MACD shows heavy selling pressure in the short term. However, the RSI is close to oversold territory, and if the bears slow down, the market may usher in a short-term technical rebound.

End:
The bearish atmosphere of SHIB is still strong, but the market is always changing! Do you think the support level will continue to be effective? Or will it break through and continue to explore further? Share your thoughts in the comments section, and let's discuss together! If you also want to keep up with more timely information in the currency circle, don't forget to follow me and keep up with the market dynamics for the first time!