Binance Square
LIVE
LIVE
Portable Detective07
Bullish
--3.5k views
$SHIB Trading Analysis:- . . - SHIB identified as strong by metrics, but market seen as bearish. - Previous consolidation, advised waiting for breakout, but crash led to bearish breakout. - Some overnight recovery from Bitcoin, but current momentum neutral. - Expect SHIB to follow downtrend, testing support levels at 2400-2500 and 1800-1750. - High correlation with Bitcoin at 96%. - If Bitcoin breaks 65,000, SHIB could rally to at least 2750 from main resistance at 2450. - Prepare for continued bearish pressure, watch 2400-2500 level for breakout. . 💟+🔁 #Memecoins #SHIB #Trading $BTC

$SHIB Trading Analysis:-

.

.

- SHIB identified as strong by metrics, but market seen as bearish.

- Previous consolidation, advised waiting for breakout, but crash led to bearish breakout.

- Some overnight recovery from Bitcoin, but current momentum neutral.

- Expect SHIB to follow downtrend, testing support levels at 2400-2500 and 1800-1750.

- High correlation with Bitcoin at 96%.

- If Bitcoin breaks 65,000, SHIB could rally to at least 2750 from main resistance at 2450.

- Prepare for continued bearish pressure, watch 2400-2500 level for breakout.

.

💟+🔁

#Memecoins #SHIB #Trading $BTC

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
@PortableDetective07

Explore More From Creator

Community voting in meme cryptos sounds like a democratic utopia, where every holder has a say in the project's direction. However, the reality is far from it. Here's why you should think twice before putting your trust and money into these schemes. The Myth of 100x Profit: It's tempting to believe that you can still catch the train to 100x profit by joining a meme crypto project. But let's face it, the ship has sailed. The early investors have already reaped the rewards, leaving latecomers with crumbs at best. Don't let FOMO blind you to the harsh truth that chasing astronomical gains in these projects is often a fool's errand. Twitter Influencer Traps: Beware of Twitter influencers promising riches through community voting. Behind the veneer of engagement lies a cynical ploy to boost their own likes and followers, ultimately securing lucrative sponsorships and token sales. Don’t fall into their trap. Instead, arm yourself with knowledge and steer clear of their empty promises. The Reality Check: In the world of meme coins, community voting is often nothing more than a façade. Educate yourself about the project's fundamentals and consider the motives behind the supposed democratic process. Remember, there's no substitute for thorough research and critical thinking when it comes to investing in cryptocurrencies. In conclusion, don't be seduced by the illusion of community voting in meme cryptos. Stay vigilant, stay informed, and most importantly, stay away from schemes that promise the moon but deliver little more than disappointment. #ScamRiskWarning @Binance Risk Sniper #Memecoins
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs