Buy Shiba Inu (SHIB)

🚨 Trump Meme Coin Crash: Will TRUMP Drop to $10?

💸 Whales Cash Out Profits
The Trump meme coin has plunged in value, losing billions of dollars in market cap over the last two days. Profit-taking by major investors is the primary driver of this crash. Influencers like David Portnoy cashed out $1 million in profits, while the most profitable trader made $59 million and has already sold $44 million worth of tokens. This trend mirrors other meme coin cycles, where early investors profit while retail traders face losses.

📉 Broader Market Decline Adds Pressure
The $TRUMP token isn’t the only asset feeling the heat. Bitcoin dropped from its all-time high of $109,200 to $102,000, and other meme coins like Shiba Inu and Pepe have also seen sharp declines. Investors appear to be "selling the news" following the inauguration hype, further dampening market sentiment.

📊 Technical Indicators Signal Trouble
TRUMP’s 30-minute chart reveals a bearish double-top pattern with a neckline at $53. A rising wedge pattern, another bearish signal, indicates a potential continuation of the sell-off. A breakdown could push the price to $21.45, with a worst-case scenario taking it down to $10 if this support is breached. However, a rebound above $54 could invalidate this bearish outlook.

🤔 Trump’s Silence on Crypto Sparks Concerns
The lack of crypto mentions during Donald Trump’s inaugural speech and absence of executive orders on cryptocurrencies has added to the market’s uncertainty. Without clear pro-crypto policies, investors fear further declines in the crypto market.

🔮 Outlook for TRUMP Coin
The TRUMP token faces a critical moment as traders watch key levels. A break below $21.45 could spell trouble, while a surge above $54 might revive bullish momentum. For now, caution remains the watchword for investors.

$SHIB
{spot}(SHIBUSDT)

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Hey, Traders! Something exciting might be happening with SHIB! 👀
What's the Buzz?
* Inverted Head and Shoulders: We're seeing a classic bullish reversal pattern forming on the SHIB chart - an inverted head and shoulders! This pattern suggests that SHIB could be gearing up for a strong upward move. 📈
How to Trade It:
* Entry: Buy SHIB when the price breaks above the $0.000025 level.
* Targets: Set your profit targets at:
* $0.000028
* $0.000032
* $0.000038
* $0.000045
About Our Trades:
We have a strong track record of successful trades, with 10 out of 11 of our posted setups reaching at least their first target! You can check out our TradingView page to see for yourself.
What do you think?
Do you see a bullish breakout for SHIB? Share your thoughts and strategies in the comments below! Let's discuss and conquer the market together! 🤝
Disclaimer: This is not financial advice. Cryptocurrencies are highly volatile and involve significant risk. Always do your own research before investing.