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Congratulations to the brothers who followed along, $SHIB short positions continue to realize profits! 🐶📉
This short trade went from 0.000005286 all the way to 0.000004606, with profits realized again—congratulations to the brothers who caught this meat!
After pushing up, a nascent double-top pattern formed: the highs kept moving lower, then it broke below short-term support on increased volume, and the short side structure has officially opened. The MACD dead cross continues to diverge, moving averages are in a bearish alignment, and the price has remained under pressure from the 5MA and 10MA throughout. During the sell-off, volume expanded; during rebounds, volume contracted—showing that the bears still firmly control the rhythm.
Right now the price has come near the previous low, but the structure has not shown any signs of bottoming out. Until there is no big-volume bullish candle reclaiming the key resistance level, treat it as a short setup on rebounds and don’t rush to guess the bottom.
Congratulations again to the brothers who followed along and ate meat this round! If you didn’t get in, don’t worry—don’t chase after the move that has already played out. Wait patiently for the next pullback and confirmation. High-probability opportunities are always more important than making blind moves.
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