SHIBUSDT Unusual behaviour of shib wallets after announcement the UAE will "adopt" shib. It's pretty clear. The UAE will never adopt this coin when they don't own it. Who wants to trust SHIB team right? So most likely outcome is that SHIB team sold all the SHIB holding wallets to UAE who in turn do not give a hoot about trends. holders and whatnaut. In other words; SHIB will survive. but only to go in the books as the slowest rug pull ever! .. Stay safe peeps. Enjoy the dead-cat-bounce! :D
To start exiting the downtrend, Shiba must first break its downtrend line and reach and cross the 0.00001856 area, which is also an important resistance. Unfortunately, in the daily time frame and in the range of 0.00001916, the probability of a death cross is very high, and if it happens, a worse downtrend will be expected. But if it can close a strong candle above 0.00002123 in the 8-hour time frame, the death cross will be invalidated.
My targets for the next 2 months for Shiba can be 0.00004807 and 0.00007078. In the event of a correction and market decline, the number 0.00001028 will be available.
Shiba is dependent on the positive movement trend of Ethereum, so it can be said that with the rise of Ethereum, Shiba will also be bullish.
SHIBUSDT " Shiba Inu Burn Rate Skyrockets 2,000%, What's Next for SHIB Price? " - < -- It just plummets like it always does after big burn announcements...🔻😕
SHIBUSDT We created why and started a war with Pepe and Dogecoin and Bitcoin. Do you know who he is? He is a storm that will destroy everything and everyone in his path. So join him to be safe.