SHIB is stirring up a frenzy again, did you seize the opportunity tonight?
The current real-time price of SHIB is $0.00003219, with significant fluctuations today, oscillating between $0.00002660 and $0.00003238. The current price is close to the intraday high, and market sentiment is full of variables, so short-term traders need to be particularly vigilant.
Market sentiment and technical analysis:
The price of SHIB has experienced significant fluctuations in the past few hours, hitting a low of $0.00002660 before quickly rebounding to around $0.00003219. Such large fluctuations usually indicate instability in market sentiment, and there may be a breakout trend in the short term. From a technical perspective, the price of SHIB is nearing the upper limit of the oscillation range, and both the MACD and RSI indicators show some overbought signals, suggesting that a short-term pullback may occur.
However, it is important to note that SHIB's downside support is around $0.00002600. If it fails to break below this level, the price may continue to oscillate and even have the opportunity to break through the current high, leading to higher prices.
Short-term contract strategy:
Long strategy:
Entry position: If SHIB breaks through $0.00003240 and stabilizes above this price level, you can enter a long position around $0.00003250. Profit target: The first target is $0.0000330, and further targets may be around $0.0000340. Stop-loss position: If the price falls below $0.00003100, exit to avoid further pullbacks.
Short strategy:
Entry position: If SHIB fails to break through $0.00003240 and starts to pull back, you can enter a short position around $0.00003200. Profit target: The first target is $0.00003100, and further support may be around $0.00003000. Stop-loss position: If the price breaks through $0.00003300 and continues to rise, exit to avoid missing a significant rebound.
SHIB is currently in a critical oscillation range, and the breakthroughs and pullbacks in the short term may determine the trend for the next few days. If it breaks through the resistance level of $0.00003240, SHIB could quickly rise to $0.0000330 or even higher. Conversely, if market sentiment weakens, the price may retract to around $0.00003000. $SHIB