Token unlocks often create significant market movements, presenting opportunities for traders and investors. Here are four of the biggest upcoming token unlocks that you should keep an eye on:
đđ How I Made 7%+ Profit in Less Than 2 Hours Trading $SHIB
As a crypto enthusiast, Iâve always been on the lookout for quick yet strategic trades that yield high returns. Recently, I took advantage of SHIBâs volatility and managed to earn over 7% profit in under 2 hours. Here's how I did it:
1ď¸âŁ Identified the Right Moment Market sentiment around SHIB was buzzing due to news and whale activity. I spotted a clear upward trend with decent volume. Timing is everything in short-term trades.
2ď¸âŁ Set Entry and Exit Points Using technical indicators like RSI and MACD, I determined the best entry point during a dip. My target was realisticâa 7% gainâand I had a stop-loss set to minimize risk.
3ď¸âŁ Acted Quickly I placed a buy order just before the price bounced off a support level and rode the wave up. Once it hit my target, I exited swiftly without waiting for extra gains.
4ď¸âŁ Stayed Disciplined The key was sticking to the plan and not letting emotions dictate my trade. Greed or fear can often ruin a perfectly good strategy.
While SHIB's volatility can be risky, proper analysis and discipline can turn it into an opportunity. Always do your research and trade responsibly!
Whatâs your best trading strategy for SHIB or other altcoins? Share your experience below!