Here’s a short idea not based on technical analysis: Look at the amount of moon boys on every social media, all of them just praying, claiming that will became crypto millionaires easily investing a couple of bucks into a meme coin, as shiba defines itself, a meme coin that it’s already in top10 market cap. Another week point it’s the quality of the arguments of the moon boys, many of them believe shiba still has to grow based on the fact that the price is less than a penny. Another week point is in the fact that whales rules this token, and people try to warn moon boys about this, the answer is that the ones who are alerting about this, are envy because they lost the best entry point.
Quick answer: I’m short since the exactly ATH, already took a lot of profit, put stop Loss at break even, I’m not worried if shiba goes up.
Fundamental Analysis

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