🔥 #SHIBUSDT PERP: NUCLEAR OVERSOLD - BOUNCE OR BREAKDOWN? 🔥
Critical Shockers:
➠ Historic Oversold: RSI(6) at 10.83 (Lowest since 2024!) + Williams %R -94.53
➠ Liquidation Timebomb: 82% of accounts are LONG - prime squeeze fuel!
➠ Mass Exodus: OBV shows -6.4B USDC outflow (Record selling pressure)
➠ Technical Breakdown: Price smashed below Bollinger Lower Band (0.0130)
The Crisis:
- SHIB nuked -9.2% in 24H - trading at critical 0.0127 support.
- STOCHRSI at 0.00 confirms capitulation.
- Futures trading at DISCOUNT (Basis -0.08%) - zero bullish conviction.
Trade Strategy:
⚠️ LONGS: DANGER ZONE (Avoid until RSI > 25)
⚡ AGGRESSIVE TRADERS:
- SHORTS: Target 0.01250 (Psychological support)
- CONTRARIAN LONGS: Scale in below 0.01270 for 5% dead-cat bounce
🔒 Stop loss: 0.01295 (Below today's low = breakdown confirmation)
EXTREMES create OPPORTUNITIES.
> 💡 Pro Tip: Watch for 15m candle close > 0.01295 to signal short-term bounce! MACD reversal would confirm.
Caution: Memecoins move FAST - use 3x leverage MAX in these conditions!