📊 Technical analysis of Shiba Inu coin $SHIB : Is it time for a strong start?
📉Shiba Inu (SHIB) is witnessing increasing interest from investors in the world of cryptocurrencies. After an eventful journey, the currency is showing positive indicators that may indicate the beginning of a new upward phase.
✔️Safe purchasing area:
What distinguishes the current situation of the Chiba currency is its trading within a purchasing zone that is considered relatively safe. As long as the currency manages to maintain the support level at $0.000013, the chances of achieving significant profits remain possible.
⚡️Ambitious but achievable goals:
Technical analyzes set ambitious targets for the Sheba coin, with experts predicting a 225% rise to reach the $0.00005 level. This goal is considered relatively close and can be achieved if the currency continues to maintain its positive momentum.
✔️The long-term goal is to reach the level of $0.000067, which means achieving profits of 338%.
Tips for investors:
⚠️Place a stop loss order: Every investor must set the stop loss level at $0.000013 at the close of a weekly candle, in order to protect his capital in the event of any sudden reversal in the trend.
⚠️Be patient: Achieving the above-mentioned goals may take some time, so investors must be patient and not rush to sell.
⚠️Follow the news: You must follow news and analyses