🔥 SHIBUSDC Perp: OVERSOLD MELTDOWN! 73.25% Longs vs. Bollinger Band Squeeze – Bounce or Implosion? 💣
📉 Bearish Dominance:
- MACD: -0.000171 (Bearish momentum).
- OBV: -9.49B (Heavy selling pressure).
- Price below Bollinger Mid (0.0148) = Downtrend intact.
- 73.25% Longs = Extreme liquidation risk if price drops further.
🚀 Oversold Signals:
- Williams %R(14): -94.62 (EXTREME OVERSOLD 🚨).
- StochRSI: 1.05 (Near rock-bottom).
- Price near Bollinger DN (0.0127) = Potential bounce zone.
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🎯 Trader’s Playbook:
1️⃣ Aggressive Long? ONLY if price holds 0.0127 (Bollinger DN) and shows reversal signs (e.g., RSI >40, MACD bullish crossover). Stop-loss: below 0.0127.
2️⃣ Short Setup? Risky due to oversold extremes, but a break below 0.0127 could trigger panic.
3️⃣ Wait for Confirmation: Price reclaiming 0.0148 (Bollinger Mid) or RSI >50.
⚠️ Critical Risks:
- 73.25% longs = Squeeze fuel if price rebounds, but crash risk if selling resumes.
- Negative OBV = Weak hands dominate.
#SHIB #USDC #MemecoinCrash #OversoldAlert #HighRiskTrade
✅ TL;DR: Ultra-volatile. Oversold bounce possible, but trend is bearish. Only trade with strict stop-losses! 🛑