Post for Binance Square: $SHIB /USDT Short Trade Spotted**
🚨 **Short Opportunity Alert: SHIB/USDT** 🚨
**Current Price:** 0.00001163 (-1.27% in 24h)
**Key Levels:**
- **Resistance (BOLL UP):** 0.00001200
- **Support (BOLL DN):** 0.00001170
- **24h Range:** 0.00001146 (Low) - 0.00001205 (High)
**Technical Signals:**
- **Downtrend Confirmed:** Price below middle Bollinger Band (MB: 0.00001185).
- **Weak Momentum:** RSI at 36.48 (approaching oversold but no reversal signs yet).
- **Volume:** Declining MA(5) vs. current volume suggests bearish pressure.
**Trade Idea:**
- **Entry:** Near 0.00001180 (below MB for confirmation).
- **Target:** 0.00001150 (24h Low) → 0.00001130 (next psychological support).
- **Stop Loss:** Above 0.00001205 (24h High).
**Risk/Reward:** ~1:3 (Conservative).
**Caution:** Monitor BTC dominance & USDT volume. SHIB is highly volatile!
🔹 **Leverage:** Low (2-5x recommended).
🔹 **Timeframe:** 1H-4H for quick scalps.
**#SHIB #ShortSqueezeIncoming #CryptoAlerts ** #FutureTradingSignals #meme