SHIB Long Trade SetupCurrent Situation:
Pattern: SHIB is showing signs of long accumulation, which typically precedes an explosive upward move.
Trade Strategy:
Entry Point: Enter a long trade above $0.00002739.
Take Profit Targets:
First Target: $0.00003267
Second Target: $0.00003960
Third Target: $0.00004440
Stop Loss: Set at $0.00002550 to manage risk.
Summary:
SHIB's historical pattern of explosive moves after long accumulation periods suggests a good opportunity to build a position. Entering a trade above $0.00002739 aims to capture the potential upside. Take profit targets are set at $0.00003267, $0.00003960, and $0.00004440, while a stop loss at $0.00002550 helps to limit potential losses.