Dear Family;
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- Identified two significant resistance levels: a trend line and the previous support level around 31-3200.
- Plan to buy SHIB if it breaks above the resistance level of 31-3200 with momentum.
- Most spot buying concentrated in a specific region; not anticipating immediate selling from these buyers.
- Observed a bullish sign: noted divergence between open interest and price.
- Confidence in Bitcoin rallying, positively impacting mem coins like SHIB.
- Uncertain about a potential drop before SHIB breaks above 3200, but confident it will occur.
- In case Bitcoin pulls back, SHIB might drop to 2750; however, still expecting SHIB to break out and reach 3700 as the first target.
♨️
$SHIB $BTC #memecoin #Trading #SHIB #DOGE $DOGE #TradingSignal