#shibarium!
shibarium!
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🐕 SHIB gearing up for a leap? Let’s break down the setup
Bitcoin's dominance is weighing in at 60.3%, altcoins are in hibernation (overall index at 35), but $SHIB is holding strong. Why should you keep an eye on this coin right now? While the crowd is snoozing, the devs are cranking out some serious fundamentals: they're rolling out an L3 network in Shibarium with encryption from Zama. Private smart contracts aren't just about a meme dog.
What’s the order book looking like? We’re in a tedious flat phase. Trading just above $0.0000058. However, the daily RSI (41) has cooled down, and sellers are clearly exhausted.
🟢 Bullish scenario: A solid close above current levels will trigger FOMO, and targets could shoot up quickly amidst the hype around the L3 network launch.
🔴 Bearish scenario: If Bitcoin dumps the whole market, it's critically important to hold that rock-solid support at $0.0000056. Dropping below that will severely trim margin positions in the derivatives market.
#SHIB #Shibarium! #crypto #BinanceSquare
Not financial advice, think for yourself.
$BTC $SHIB
Bitcoin's dominance is weighing in at 60.3%, altcoins are in hibernation (overall index at 35), but $SHIB is holding strong. Why should you keep an eye on this coin right now? While the crowd is snoozing, the devs are cranking out some serious fundamentals: they're rolling out an L3 network in Shibarium with encryption from Zama. Private smart contracts aren't just about a meme dog.
What’s the order book looking like? We’re in a tedious flat phase. Trading just above $0.0000058. However, the daily RSI (41) has cooled down, and sellers are clearly exhausted.
🟢 Bullish scenario: A solid close above current levels will trigger FOMO, and targets could shoot up quickly amidst the hype around the L3 network launch.
🔴 Bearish scenario: If Bitcoin dumps the whole market, it's critically important to hold that rock-solid support at $0.0000056. Dropping below that will severely trim margin positions in the derivatives market.
#SHIB #Shibarium! #crypto #BinanceSquare
Not financial advice, think for yourself.
$BTC $SHIB
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