SHIB is about to surge? Seize the short-term opportunity and make profits by going long or short!
The current price of SHIB is $0.00002562. The recent trend is relatively volatile, but the market sentiment is generally bullish. As the leader of meme coins, SHIB has attracted great attention from investors, and its price fluctuates violently, bringing a lot of profit opportunities to short-term traders. Despite facing certain pullback pressure, SHIB is still a high-risk and high-return asset worth paying attention to in the short term.
Short-term T strategy: long and short operations
1. Long strategy (bullish breakthrough)
Entry point: When the price of SHIB pulls back to around $0.00002500 and gets support, it is recommended to enter the market at $0.00002520 and go long. The target price can be set to $0.00002650. If it breaks through this price, there is a chance to further impact $0.00002700. Take profit point: Target price is $0.00002650. If it breaks through this point, the take profit can be adjusted appropriately. Stop loss point: If the SHIB price falls below $0.00002450, stop loss to prevent the price from falling further.
2. Short selling strategy (callback risk)
Entry point: If the SHIB price fails to break through $0.00002650 and forms a reversal pressure, you can short around $0.00002600, with the target price set at $0.00002500. If it breaks through this support level, it may fall further to $0.00002400. Take profit point: Target price is $0.00002500. If the price fails to continue to call back, lock in profits. Stop loss point: If the price breaks through $0.00002700, stop loss and exit to avoid losses caused by further increases.
In the short term, SHIB's trend may be affected by the overall market sentiment, especially driven by the meme coin trend and market hot spots, and there will be large fluctuations. It is expected that $0.00002500 will be a key support level in the short term. Once this position is supported, SHIB is likely to rebound and further test the resistance levels of $0.00002650 or $0.00002700. If these resistance levels are broken, SHIB may usher in a strong upward trend.
However, the risk of a pullback cannot be ignored. If the price fails to break through the upward pressure, the risk of a pullback in the short term still exists, and $0.00002400 and $0.00002300 are possible downside targets. $SHIB