Shiba Inu (Shıb) gives signals of recovery after recent decreases. The return of the negative atmosphere in the crypto currency market increased the expectation of rise in Shıb Coin price. Technical Analysis and In -Chain Data, Shibsupports the upward movement of the short term. Investors closely follow the possibility of a 20 percent rise in the event that the level of $ 0.000017 is broken.
Important levels for Shıb Coin
Shib Coin The price of a rising triangular formation in the recent four -hour graph is noticeable. This formation usually indicates upward breaks. Currently, SHIB tests significant resistance at $ 0.000017. If this level is broken, it seems possible that the price can reach a rapid reach of 0.000020 dollars.
When we look at the previous price movements, Shıb tested this level of resistance several times, but it is seen that he faced sales pressure. However, this time, the change in market perception makes the possibility of rising more powerful.
While the interest of investors increases, the internal data is also a significant amount of Shıb Coin transfer to the stock markets. It remains unclear whether this movement is for sales purposes or to protect assets.
Investor behaviors and liquidation levels in Shiba Inu
Investors’ strategies on SHIB are diversified. Coinglass According to data, there are 1.26 million dollars of long position and $ 166 thousand 369 Short positions. Critical liquidation levels stand out as 0.00001545 and $ 0.00001695. These levels may cause liquidation waves due to the movement of the price.
The cumulative value of open positions increased by 12 percent shows that the traders believe more in the possibility of rise. However, it is of great importance that investors closely monitor the price movements and pay attention to risk management. The upward trend is expected to be confirmed if SHIB makes a four -hour closing above $ 0.000017.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
