📉 The $SHIB market remains unpredictable, especially on hourly charts where the situation looks uncertain.
📈 On the daily chart, a broken flag or wedge may indicate the beginning of a major rise.
🤔 Institutional investors are cautious about $SHIB due to fears of a $BTC pullback, which is limiting speculative activity.
Long-term prospects
🔍 Long positions are not advisable now due to the risk of $BTC falling.
📊 If $BTC pulls back, altcoins including $SHIB could drop by 30% - this could be a great entry point.
🌟 Even with a deep rollback, an alto season is likely, which will bring good opportunities for earnings.
Current support and resistance
📌 Support: weak zone at 0.00002597.
🛑 Resistances: the main levels are 0.00002820 and 0.00003030, which prevent the psychological marks of 0.00003755 and 0.00004100 from being reached.
Short-term recommendations
✔️ Possible entries: levels 0.00002650–0.00002700.
🚨 Recommended stop loss: 0.000026.
Warning
⚠️ The market remains highly volatile and directly depends on the movement of $BTC.
💡 Use smart money management to minimize risks.
📢 This material is only the opinion of the author and is not financial advice.
Risks and Management
💪 Risk is part of the path to profit. Those who do not take risks, miss opportunities.
🌈 Stay optimistic! The market always gives new chances.