Crypto Market Analysis: SHIB vs. XLM
๐ Market Overview:
The crypto market correction continues, with Bitcoin down 6% at $94K and altcoins facing sell-offs. Shiba Inu ($SHIB) now surpasses Stellar ($XLM ) in market cap amid heightened liquidations ($528M in 24 hours).
๐ $SHIB Long Trade:
Entry: $0.00002480
Target: $0.00002650
Stop Loss: $0.00002350
Leverage: 5x-10x
๐ XLM Short Trade:
Entry: $0.470
Target: $0.440
Stop Loss: $0.480
Leverage: 5x-8x
๐ Pattern Insight:
SHIB shows consolidation near support, signaling potential reversal. XLM's sharp decline suggests a bearish continuation. Expect short-term bearish pressure across the market before possible recovery.
๐ Next Move: Watch Bitcoin's key $93K supportโbreakdown could trigger extended losses. Patience is critical in volatile conditions.