SHIB Night Market Analysis and Strategy

Latest Market Background

As of November 18, 2024, 23:00 Beijing time, the current real-time price of SHIB is $0.00002515, with an intraday fluctuation range of $0.00002450 to $0.00002600. SHIB shows high trading activity, with significant capital inflow.

Analysis of SHIB's Surge Reasons

1. Improvement in Market Environment

Recently, the prices of mainstream cryptocurrencies have rebounded, market risk appetite has increased, and capital has concentrated into tokens with strong liquidity and high hotspots, making SHIB one of the beneficiaries.

2. Catalyst from Ecological Projects

SHIB's official announcement to expand cooperation in the metaverse and DeFi space has attracted attention from capital and holders. At the same time, SHIB's burning mechanism is gradually reducing market supply, supporting price increases.

3. Strong Technical Signals

SHIB has recently broken through multiple technical resistance levels, especially stabilizing in the $0.00002500 area, providing momentum for further increases.

Short-term Contract Strategy

Long Strategy

• Entry Point: When the price retraces to $0.00002480, consider taking a small long position.

• Target Price: First target $0.00002600, second target $0.00002650.

• Stop-loss Point: Suggested to set below $0.00002440.

• Leverage: Suggested 5x leverage to control position risk.

Short Strategy

• Entry Point: If the price falls below $0.00002450, consider attempting a short position.

• Target Price: First target $0.00002400, second target $0.00002350.

• Stop-loss Point: Set stop-loss above $0.00002480.

• Leverage: Suggested to use 3x leverage to reduce volatility risk.

This strong market trend for SHIB has injected new confidence into holders and investors. Looking at your investments yielding returns, do you feel a sense of relief? But don't forget, regardless of how the market changes, calm analysis and strict stop-loss are the keys to success!

For those who have seized the opportunity, this market may be a good chance to showcase your strength. Remember, regardless of success or failure, the market will always reward those who are good at summarizing experiences and continuously improving. Together with SHIB, welcome a brighter tomorrow!