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