SHIB Price Signal

03.06.2024

⏱️20sec

After a month of upward trend, SHIB has not updated its high for the first time. This indicates a decrease in buyer activity, however, the stochastic indicator signals that the price is in the oversold zone. Additionally, the 50-day moving average has not been touched, indicating insufficient seller activity. Overall, be cautious with short positions in the near future and look for opportunities to enter long positions.

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