🚨 $1000SHIBUSDC Perp Alert 🚨 | 0.014450 (-2.92%)
Should You Buy Now? Here’s the Breakdown ⚖️
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### Key Signals to Watch 📊
✅ Oversold Indicators:
- Williams %R(14): -84.53 (Deep oversold territory 🚨)
- Stochastic RSI: 12.43 (Extremely oversold, hinting at potential reversal 📉➚)
⛔ Bearish Momentum:
- MACD: Negative (-0.000134), with DIF < DEA (bearish crossover).
- Price Below Middle Bollinger Band (0.014765)**: Indicates bearish bias.
- OBV: -8.6B: Heavy selling pressure persists despite price drop.
⚠️ Sentiment & Volume:
- Long Dominance: 73.33% longs (LS Ratio: 2.75) – crowded trades risk a squeeze.
- Volume: 232M (well below 5-day MA of 642M), signaling weak participation.
📉 Long-Term Trend:
- Down **41.66% in 180 days and 40.64% in 1 year – structural weakness.
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### Strategy & Recommendation 🎯
1. Short-Term Traders:
- Consider a contrarian bounce play if oversold signals strengthen (e.g., Stochastic RSI rising above 20 + volume spike).
- Entry Zone: Near Lower Bollinger Band (0.01253) for better risk-reward.
- Stop-Loss: Below 0.01250 to avoid breakdown risks.
2. Long-Term Investors:
- Avoid until long-term downtrend reverses (e.g., price > 0.01700 Upper Bollinger Band + MACD bullish crossover).
3. Risk Management:
- Tight stops are critical – SHIB is highly volatile and sentiment-driven.
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🗣️ Community Pulse Bullish on a SHIB rebound or waiting for more confirmation? Share your take! 👇
#SHIB #ShibaInu #CryptoAlerts #BinanceSquare #DYOR
💡 Pro Tip: Watch for volume surges and RSI(6) > 50 to confirm bullish momentum!