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Monday, April 1, 2024

April 01, 2024 at 03:01AM $SHIB no longer have excuses for its failure

$SHIB no longer have excuses for its failure

SHIB / TetherUS BINANCE:SHIBUSDT

Let's understand what SHIB is doing from the weekly timeframe, and it all depends on the BTC halving. Pepe has already taken its own path, not worrying about BTC. Now, if we are to believe LUCIE, (the marketing manager of SHIB) who said to expect a new ATH around the halving and mentioned buying the dip (https://ift.tt/SUit25T), let's see that the buyers on this week are on 0,00002750 (here's the area where significant purchases happened today).

I believe this week will be crucial to understand if the SHIB team is still bluffing, given the performances of PEPE, BONK, and surely soon BOME, it will no longer have excuses for its failure.

I want to remain LONG and hope that with the breakout of last week's high, SHIB finally returns to its ATH and creates a new one on 0,00013 (FIB 1,618 next level).

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