SHIB / TetherUS
Panjang

Bullish Bounce Off Support | Target is 1.618 Fib

309
Shiba has bounced off very key support around the previous local top. Target is golden ratio. I believe we can hit it within 7-10 days. Majority of the large holders who hold a large bag are gamblers. After seeing this pump I do not see them selling. Additionally we have reached near top ten status. I do not see this going to 0 anytime soon and if it does it will be slow. a 1x will put us above #DOGE meaning a long term hold could be viable considering how long Doge has been around.

Regardless, if the FED stops printing late next year. Which I believe to be a viable possibility. Everything will enter into healthy ~2 year bear market, which of course includes #SHIB.

Penafian

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