The market-wide fear index has plunged to 10,$SHIB . The death cross that took 14 months to form has finally materialized, dragging the price below 0.000004. It’s down more than 5% in 24 hours—is that not painful enough?
A death cross is a bearish signal for the medium term. Combined with extreme fear, selling pressure is overwhelming—don’t believe the nonsense about buying the dip and getting a rebound.
Don’t try to catch a falling knife amid intraday volatility. For the medium term, at least wait for the death cross to flatten out and for trading volume to support 0.000004. Going in now is just throwing your money away.
If you want to practice, wait for the HYPE and TRX perpetual contracts launching on November 16. Learn the rules before entering—don’t rush in blindly.
With this $SHIB death cross now in place, do you think this marks the start of a medium-term decline, or an opportunity to rebound after the panic has run its course? Comment 1 if you’re bullish, 2 if you’re bearish.
#Write2Earn #BinanceSquare #SHIB #MemeCoin #Futures
A death cross is a bearish signal for the medium term. Combined with extreme fear, selling pressure is overwhelming—don’t believe the nonsense about buying the dip and getting a rebound.
Don’t try to catch a falling knife amid intraday volatility. For the medium term, at least wait for the death cross to flatten out and for trading volume to support 0.000004. Going in now is just throwing your money away.
If you want to practice, wait for the HYPE and TRX perpetual contracts launching on November 16. Learn the rules before entering—don’t rush in blindly.
With this $SHIB death cross now in place, do you think this marks the start of a medium-term decline, or an opportunity to rebound after the panic has run its course? Comment 1 if you’re bullish, 2 if you’re bearish.
#Write2Earn #BinanceSquare #SHIB #MemeCoin #Futures
