Recently, SHIB's performance has indeed caught the attention of many traders. Although the hype around this new project's presale is quite hot, from the market perspective, the momentum of SHIB and some mainstream coins seems to be waning, which will definitely impact short-term market expectations.

Let's analyze it from a technical standpoint. SHIB is currently trading at $0.000009, and the trend is in a retracement and consolidation phase. The RSI indicator is only at 45.1, indicating that market enthusiasm is not yet overheated, and the bulls and bears are in a stalemate. The support level holds at $0.000008; if this line is broken, further downside may be tested. The resistance above is at $0.000009; only a breakout above it could open up upside potential, with the target around $0.000010.

But honestly, the current market sentiment is quite volatile, and rushing into a heavy position carries significant risk. My personal approach is to adopt a light position strategy: start with small amounts to test the waters in SHIB, set the stop-loss slightly below $0.000008, and initially target around $0.000010. This way, even if the judgment is wrong, the risk of heavy losses is minimized, while still participating in the potential rebound.

The key is to control risk exposure and not put all your chips in one basket. What do you all think? Do you have any thoughts on SHIB's upcoming trend?