152 million $SHIB just got sent to dead wallets from Coinbase. You’d think that’s a surefire bullish burn signal, right?
Turns out the market couldn’t care less. $SHIB is still stuck at $0.000005, down 1.18% in 24h even with the news dropping. Greed index sits at 55, no FOMO, no panic – just zero follow-through buying. Don’t give me that “main manipulation” crap, it’s just weak spot demand, plain and simple.
This level isn’t worth chasing. Wait for either a volume spike that holds above the current price, or on-chain active addresses to tick up to confirm real buying interest. If neither shows up, staying in cash is way smarter than forcing a trade here.
#Write2Earn #BinanceSquare #SHIB MemeCoin #TradingTournament
Turns out the market couldn’t care less. $SHIB is still stuck at $0.000005, down 1.18% in 24h even with the news dropping. Greed index sits at 55, no FOMO, no panic – just zero follow-through buying. Don’t give me that “main manipulation” crap, it’s just weak spot demand, plain and simple.
This level isn’t worth chasing. Wait for either a volume spike that holds above the current price, or on-chain active addresses to tick up to confirm real buying interest. If neither shows up, staying in cash is way smarter than forcing a trade here.
#Write2Earn #BinanceSquare #SHIB MemeCoin #TradingTournament