SHIB/USDT Technical Analysis 
SHIB
Chart Analysis:
SHIB is attempting to break the resistance line, but the breakout has not been confirmed yet. 50 EMA has experienced a breakout, but it is still trying to close above the 50 EMA.
Key Levels:
Strong Support: $0.00000770
Resistance: $0.00000900
Potential Upside:
If breaks the $0.00000900 resistance level, we may witness an upward rally.
However, a retracement of 20-40% could be expected before the potential rally.
10x Potential in Next Bull Run:
While SHIB may offer significant gains, it's crucial to exercise caution. Meme coins like SHIB are known for their speculative nature and high volatility. Never go all-in on such coins, especially for long-term holdings.
Risk Warning:
Meme coins are considered "Zero to Hero" coins, characterized by extreme price swings. Always do your own research and diversify your investment portfolio to mitigate risks.
SHIBChart Analysis:
SHIB is attempting to break the resistance line, but the breakout has not been confirmed yet. 50 EMA has experienced a breakout, but it is still trying to close above the 50 EMA.
Key Levels:
Strong Support: $0.00000770
Resistance: $0.00000900
Potential Upside:
If breaks the $0.00000900 resistance level, we may witness an upward rally.
However, a retracement of 20-40% could be expected before the potential rally.
10x Potential in Next Bull Run:
While SHIB may offer significant gains, it's crucial to exercise caution. Meme coins like SHIB are known for their speculative nature and high volatility. Never go all-in on such coins, especially for long-term holdings.
Risk Warning:
Meme coins are considered "Zero to Hero" coins, characterized by extreme price swings. Always do your own research and diversify your investment portfolio to mitigate risks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.