Recently, I saw that billionaires have transferred billions of SHIB to exchanges, which has indeed attracted a lot of attention. The current trend of SHIB is still quite interesting, with the current price around $0.000007. The overall momentum is bullish, and the RSI reading is at 52.6.

From a technical perspective, the support level remains steady at $0.000007, with resistance at $0.000008. Once the price breaks through $0.000008, there could be a significant upward movement. The actions of this big holder also reflect a somewhat institutional level of optimism, and many in the community are starting to pay attention to this wave of行情.

My own trading plan is as follows: gradually increase the position to 30%, with a stop-loss set at $0.0000065 to manage risk. As for the target price, I set it at $0.0000085. If there’s no action at this point, I feel like I might miss something. Of course, I am aware of the risks, but looking back at the opportunities I missed before, I want to see if I can seize this one.

We are currently in an observation period. What does everyone think about this situation? Do you have any different ideas?