(SHIB) market analysis $SHIB

SHIB has seen a significant increase in trading volume over the past 24 hours, which may indicate market interest in its short-term rebound.

However, the slight drop within 1 hour and the overall 7-day downward trend show that market sentiment is still biased toward caution.

Mid- to long-term trends:

Within 30 days, 60 days and 90 days, the price of SHIB showed a clear downward trend.

This suggests that market confidence in SHIB has weakened in the medium to long term. Investors need to be aware of this ongoing downward trend and consider the possible risks.

Personal investment strategy advice

1. Short-term operations:

For short-term investors, you can pay attention to changes in 24-hour trading volume. If trading volume continues to rise and prices stabilize at current levels or rebound, it may be an opportunity to enter the market in the short term.

2. Medium and long-term holding:

As SHIB has continued to decline over the past three months, medium and long-term investors are advised to exercise caution. You can wait until prices stabilize further or market sentiment improves significantly before considering entering the market.

3. Stop loss and profit points:

Stop loss point: It is recommended to set it around $0.000015 to prevent further losses.

Profit point: If the price can exceed $0.000018, you can consider taking some profits to ensure investment returns. #SHIBUSDT #SHIBA🚀 #美联储何时降息？ #Mt.Gox将启动偿还计划