$SHIB trading strategy, here's an updated visual approach:
Strategy with Icons:
1. Short-Term (Swing Trading):
Buy Zone: ๐ข Near 0.00002861 USDT (Strong Support).
๐ Tip: Watch RSI dropping below 30 (๐ฝ Oversold).
Sell Zone: ๐ด Around 0.00003002 USDT (Resistance).
๐ Set alerts for upward price momentum.
Stop-Loss: โ Below 0.00002830 USDT to limit losses.
2. Mid-Term (Position Trading):
Accumulate: ๐ฐ In the Buy Zone if fundamentals look strong.
Partial Profit Booking: ๐ค Sell 50% near 0.000032 USDT or resistance breaks.
Hold Strategy: ๐ก๏ธ Retain positions with a long-term bullish outlook.
3. Risk Management:
Portfolio Allocation: ๐ผ Cap at 5% for SHIB.
Trailing Stop-Loss: ๐ Set one past 0.000030 to lock gains as price rises.
4. Indicators to Monitor:
RSI: ๐ Look for oversold (below 30) or overbought (above 70) conditions.
Volume Spikes: ๐ Track for significant movement signals.