5.31 Sunday Analysis by Yan Jie $1000SHIB
#1000SHIB Bouncing back from 0.00548–0.00549, I just opened a 75x isolated long position.
Trading Plan:
Entry: 0.00548 – 0.00549
Target 1: 0.00553
Target 2: 0.00554
Target 3: 0.00557
Stop Loss: 0.00545
Why this strategy?
The 4-hour bullish trend remains intact, while the daily background still looks bearish, with price reacting around 0.00548–0.00549.
The 15-minute RSI is at 40, indicating neutral momentum, leaving room for further upward action.
15-minute trading volume is at 0.27x, with 6.92M traded compared to an expected 26.07M, confirming genuine buyer participation.
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