$SHIB ๐ SKYROCKET MOMENTUM ๐
SGIB Trading Strategy & Chart Overview
๐ฐ Current Price: $0.00001405
๐ 24h Volume: $29.09 Million
โฑ๏ธ Strategy Focus: Short-Term (Scalp/Swing 1โ3 Days)
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๐ Technical Analysis
๐น Trend Overview
SGIB is showing signs of a parabolic microtrend, often typical of meme or microcap tokens.
A recent price surge appears to be consolidating just below short-term resistance, forming a potential bull pennant.
๐ข Support Levels
$0.00001320 โ Local support zone and fib 0.382 retracement
$0.00001200 โ Base from previous breakout
๐ด Resistance Levels
$0.00001490 โ Short-term high (needs breakout)
$0.00001650 โ Target on breakout from consolidation
๐ Indicator Signals
RSI (1H): 58 โ Neutral with room to climb
MACD (1H): Bullish crossover forming
Volume: Decreasing slightly โ needs spike for breakout confirmation
Fibonacci Projection: Next target lies near $0.00001650 if $0.00001490 breaks
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๐ Trade Setup
โ Scalp/Breakout Trade
Buy Entry: $0.00001420 (on breakout above resistance)
Take Profit (TP): $0.00001590 โ $0.00001650
Stop-Loss (SL): $0.00001300
Risk-Reward: ~2.2:1
๐ Dip Buy Strategy
Buy Zone: $0.00001300โ$0.00001320
TP: $0.00001480
SL: $0.00001200
> โ ๏ธ Only execute dip strategy if BTC/ETH stay stable; volatile majors can derail microcaps quickly.
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๐ง Market Sentiment
Element Sentiment Notes
๐งฎ Technicals Mild Bullish Consolidation with breakout potential
๐ Community Chatter Growing Active mentions on Binance Square and small-cap groups
๐ Disclaimer
> This is not financial advice. Trading low-cap assets like SGIB is highly speculative and volatile. Always use proper risk management, consider smaller position sizing, and never trade more than you can afford to lose. Use stop-losses diligently and DYOR (Do Your Own Research).
