🚨 Bearish Reversal Alert: #1000SHIBUSDT Short Opportunity! 🚨

šŸ“‰ Why BEARISH?

1. Extreme Overbought Momentum:

- STOCHRSI at 98.78 (max overbought) + MA-STOCHRSI at 96.42 → Exhaustion signal.

2. Selling Pressure & Divergence:

- OBV: -6.5B** despite price rise → Smart money distribution.

- Volume below MA(5)/MA(10) → Weak bullish conviction.

3. Crowded Longs Risk:

- 75% of accounts are LONG (L/S Ratio: 3.03) → Prone to liquidation cascade.

4. Technical Resistance:

- Price rejected at Upper Bollinger Band (0.014062) → Trading below Middle BB (0.013060).

- MACD near zero (0.000059) → Losing bullish momentum.

5. Negative Sentiment:

- Funding Rate: -0.09% → Shorts pay longs (bearish bias).

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#### šŸŽÆ Trade Setup

- Entry: 0.013000 - 0.013020 (Current resistance zone).

- Stop Loss: 0.013150 (Above Middle BB + buffer).

- Targets:

- TP1: 0.012800 (Near 24h low, 2:1 R/R).

- TP2: 0.012600 (Lower Bollinger Band).

- Exit if:

- STOCHRSI crosses below 80 OR price closes above Middle BB (0.013060).

#### āš ļø Key Risks

- Meme coin volatility → Rapid pumps possible (use strict SL).

- RSI(6) neutral (60.15) → No extreme bearish confirmation yet.

- Bitcoin market moves could override SHIB technicals.

TL;DR: Short SHIB at 0.013020; stop at 0.013150; target 0.012800 & 0.012600. High-probability reversal play!

#1000SHIBUSDT #BinanceSquareTalks #bearish #MemeCoinMarket

ā° Timing: Act now – overbought signals peaking!