$SHIB touched the line that decides everything — $0.00000370 — and bounced by a hair.
Saturday it broke $0.000004, first time since spring 2021. Today came the death cross, first in 14 months, and the low was $0.00000370 — my fresh-lows trigger.
I was wrong on one thing: I said a close under $0.00000370 opens fresh lows. It touched it twice and hasn't closed under it yet.
Funding is negative, -0.0124% per 8 hours, open interest fell 19.5% to $23.78M, and $443K of longs were flushed in 24h against $45K of shorts. Yet 45.9B SHIB left exchanges in 24h — holders pulling coins off while traders get flushed.
Lean stays bearish under $0.00000416. Daily close above it ends the flush, opens $0.00000426; close under $0.00000370 opens $0.00000350. Tonight's weekly close at 23:59 UTC decides it.
$0.00000370 breaks tonight — step aside or catch the knife? Same question for $DOGE at $0.05862.
Not financial advice. DYOR.
#SHIB #MemeCoins #CryptoCrash
Saturday it broke $0.000004, first time since spring 2021. Today came the death cross, first in 14 months, and the low was $0.00000370 — my fresh-lows trigger.
I was wrong on one thing: I said a close under $0.00000370 opens fresh lows. It touched it twice and hasn't closed under it yet.
Funding is negative, -0.0124% per 8 hours, open interest fell 19.5% to $23.78M, and $443K of longs were flushed in 24h against $45K of shorts. Yet 45.9B SHIB left exchanges in 24h — holders pulling coins off while traders get flushed.
Lean stays bearish under $0.00000416. Daily close above it ends the flush, opens $0.00000426; close under $0.00000370 opens $0.00000350. Tonight's weekly close at 23:59 UTC decides it.
$0.00000370 breaks tonight — step aside or catch the knife? Same question for $DOGE at $0.05862.
Not financial advice. DYOR.
#SHIB #MemeCoins #CryptoCrash
