2026-01-17 07:33:28

SHIB's recent trend is somewhat unsettling. The price repeatedly faces resistance around 0.00000850. Looking at the chart, although the overall market remains relatively stable, the buying momentum for this dog coin is clearly weak, and a double top pattern has also appeared on the 1-hour chart. The issue is that it's currently the weekend, and liquidity for such highly speculative tokens is usually reduced. If the bullish leverage gets liquidated, the pullback could be deeper than expected.

From a technical perspective, shorting opportunities are worth paying attention to. The entry zone is locked between 0.00000840 and 0.00000855, with a stop-loss set at 0.00000890. If the decline continues, the first target is around 0.00000800 (approximately -6%), followed by 0.00000760 (approximately -11%). Breakouts in dense trading zones often come with risk release, and in the short term, this sector may need a round of correction to regroup.

SHIB-2,27%

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GhostWalletSleuth

· 01-19 22:57

Liquidity is poor over the weekend, this wave is indeed dangerous... Those who dare to catch the double top are true warriors. --- Short positions are back again, I'm tired of hearing this set of rhetoric, last time saying this about SHIB directly caused a rally. --- Wait, liquidation of leverage? Playing with leverage over the weekend takes real courage. --- Lack of buying pressure, I’m not lying. I checked the depth and it’s indeed very unattractive. --- 11% decline? Sounds good, but the actual drop is always harsher than expected... --- Shorting opportunity? I think this is just a trap set for retail investors, don’t follow. --- 0.00000760 isn’t the bottom, it feels like it still has room to go down. --- Why does it have to move over the weekend? Let’s see how it opens before deciding if it’s promising.

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AccumulateStrength

· 01-17 09:53

The recent trend of SHIB is somewhat unsettling. The price repeatedly faces resistance around 0.00000850. Looking at the chart, although the overall market remains relatively stable, the buying momentum for this dog coin is clearly weak, and a double top pattern has also appeared on the 1-hour chart. The issue is that it is currently the weekend, and liquidity for such highly speculative tokens is usually reduced. If the long leverage gets liquidated, the pullback could be deeper than expected. From a technical perspective, shorting opportunities are worth paying attention to. The entry zone is locked between 0.00000840 and 0.00000855, with a stop-loss set at 0.00000890. If the decline continues, the first target is around 0.00000800 (approximately -6%), followed by 0.00000760 (approximately -11%). Breakouts in dense trading zones often come with risk release, and in the short term, this sector may need a round of correction to regroup.

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SerumSquirrel

· 01-17 08:02

Liquidity is already poor over the weekend, and now you're still daring to short SHIB? Liquidation is just around the corner.

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BlockchainWorker

· 01-17 07:59

Weekend Dogecoin is at it again. This double top pattern really isn't friendly. --- The buying pressure is so weak, it feels like a matter of minutes before it crashes down. --- When leverage liquidation triggers, weekend liquidity directly explodes. Better to be cautious. --- 0.0000085 can't hold the line. The next few support levels are clear, but be careful when shorting on the weekend. --- This Dogecoin loves to cause trouble on weekends. Luckily, I didn't hold a heavy position. --- As soon as the double top appeared, I started to get nervous.

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NoodlesOrTokens

· 01-17 07:57

Liquidity is poor over the weekend, this wave of SHIB is indeed a bit虚啊 --- A double top with leverage liquidation would be game over, wait for the decline to see --- Want to short but afraid of being caught, this is the magic of Dogecoin haha --- Is 0.00000850 really a tough level to hold? Feels like it needs some more effort --- Playing with this over the weekend is pure torture, wait until liquidity recovers on Monday to see --- Weak buying signals are the most dangerous, often leading to a decline --- The target looks good, but the stop-loss point is a bit tight --- Dogecoin's pattern is like this, repeatedly testing then a sharp plunge --- A target of -11% is a bit aggressive, could there be a rebound and shakeout in the middle? --- Lack of liquidity over the weekend makes shorting costly, with fees eating up half of the profit

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TradFiRefugee

· 01-17 07:35

Liquidity is poor over the weekend, and trying to short at this time can easily lead to a liquidation... I think I'll wait and see first. --- Double top + weak buying pressure indicates no one is willing to take this wave. --- Stop-loss and target levels again; it sounds good, but during weekend leverage liquidations, no one can save you. --- Playing with SHIB over the weekend is just asking for death, wake up. --- 0.00000800? It might just break even lower. --- No, why do you have to short during the weekend? Isn't that inviting trouble? --- If it's weak, it's weak. Don't always think about making quick money; wait until liquidity returns. --- Feels like this correction will be more intense than expected. Be careful of liquidation.

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