SHIB/USDT Short-term Trading Strategy Analysis and Suggestions
Current Price: 0.00002616 USDT
Period: 24 hours
Trading Strategy
Buy Low Strategy (Long Position)
Entry Price: 0.00002500 - 0.00002550 USDT
Take Profit Price: 0.00002700 - 0.00002750 USDT
Stop Loss Price: 0.00002450 USDT
Position Size: 20% of funds
Trading Type: Spot or Contract
Leverage: 3 times
Sell High Strategy (Short Position)
Entry Price: 0.00002700 - 0.00002750 USDT
Take Profit Price: 0.00002550 - 0.00002600 USDT
Stop Loss Price: 0.00002800 USDT
Position Size: 20% of funds
Trading Type: Contract
Leverage: 3 times
Technical Indicator Analysis
1. EMA Analysis
EMA(7): 0.00002545 USDT
EMA(25): 0.00002385 USDT
EMA(99): 0.00001983 USDT
Current price is above all moving averages, indicating a rising trend, but may face some pressure in the short term.
2. RSI Indicator
RSI(6): 63.70
The RSI is in a healthy range, indicating that the market buying power is not excessive, and there is still some room for upward movement.
3. MACD Indicator
DIF: 0.000000136
DEA: 0.000000151
MACD Histogram: -0.000000016
DIF and DEA are slightly converging, and the histogram is close to zero, indicating weak price momentum, likely leading to oscillation in the short term.
4. Volume (VOL)
The trading volume is stable, indicating a balance of power between buyers and sellers.
Strategy Logic
1. Buy Low Strategy: EMA(7) and EMA(25) form a strong support area, entering long positions within this range can capture short-term rebound opportunities, with a target price near the previous high of 0.00002750 USDT.
2. Sell High Strategy: The current price is close to the recent high of 0.00003046 USDT, which may face pullback pressure, positioning short orders at high levels, with a target price at the EMA(7) support area.
Strictly implement stop losses to avoid additional risks from sudden trend changes.$SHIB