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Dog-themed Shiba Inu (SHIB) has registered a significant 3% increase in price within the last 24 hours. This has seen the meme coin trade at $0.00001339 at the time of this writing, according to data from CoinMarketCap. Death cross's bearish impact on SHIB Despite this uptick, SHIB investors remain concerned about the token's future trajectory. SHIB has been in a death cross since last month, and market participants have expressed concern over its performance in the broader cryptocurrency market. For context, a death cross occurs when the 50-day Moving Average falls below the 200-day Moving Average. This metric indicates a fall in the price of an asset. SHIB has suffered this decline, and the current 3% surge has not done much to clear it off this bearish zone. Generally, a death cross signals bearish pressure. However, SHIB’s ability to register an uptick amid wild volatility raises market participants' anticipation of a possible rally out of the death cross zone. Analysts say ecosystem support remains crucial for this to happen. For instance, trading volume has dropped by 26.07% to $206.24 million within the last 24 hours, signaling investors' reduced market activity. Market experts say that for SHIB to witness a rally that could clear it off the zone, the trading volume must increase while maintaining a higher burn rate to trigger sentiment and sustain price rallies. Ecosystem trend to watch Meanwhile, according to data from Shibburn, the Shiba Inu ecosystem recently saw the incineration of 20 million SHIB tokens within minutes as part of a deflationary move to keep prices stable. An anonymous whale single-handedly sent over 12 million SHIB to dead wallets. While the move is commendable, analysts have called for consistency to support SHIB’s quest for higher price levels. Stakeholders backing the token remain optimistic thqt it might chart a rally drawing on the current outlook. #SHIB #Shibainu

MINT/USDT Market Analysis & Trading Strategy Market Overview With the latest available data, MINT/USDT is trading at $0.0623, a whopping 1,146% up. This reflects a volatile market, and both traders and investors are lured to it for short-term profits. The 24-hour price range had been as low as $0.0050 and as high as $0.1160, indicating wild price swings. The 24-hour trading volume is 92.48M MINT, indicating high market activity and good liquidity. The overall turnover in USDT is 6.13M, which indicates that MINT is seeing increased investor interest. Technical Analysis 1. Moving Averages (MA): MA(5): 0.0623 MA(10): 0.0618 MA(20): 0.0603 Short-term moving averages are bullish as MA(5) is higher than both the MA(10) and MA(20). This means that the price is currently in an uptrend, which can be expected to persist if volume continues to be high. 2. Support and Resistance Levels: Support: $0.0555 – This has been tested and sustained, which means buyers are coming in to support the price. Resistance: $0.0650 – It is a vital level, and MINT has been rejected here. A cross above it will propel prices further. 3. Volume Analysis: The volume is rising, a very bullish signal. Increased volume on the advance indicates ongoing interest in buying. But increased volumes near resistance areas could be indicating possible profit-taking by traders. Buy & Sell Strategy Buying Strategy: If MINT remains above $0.0600, traders can look to enter long positions with a target of $0.0650 - $0.0700. A strong-volume breakout above $0.0650 could mean further upside momentum. Stop-loss at $0.0575 to limit downside risk. Selling Strategy: In case MINT is unable to break $0.0650, short-term traders can take profits. A break below $0.0600 could result in a retest of $0.0555, and hence it is a level to be watched. Traders can initiate a sell at around $0.0650 and re-buy lower if there is a price correction. Conclusion MINT/USDT is demonstrating impressive momentum, yet traders need to be careful on account of rampant volatility. Breaking above $0.0650 may initiate a rally, and inability to hold $0.0600 may result in a pullback. Employ stop-losses and position size well in this extremely volatile market.$MINT

MINT/USDT Market Analysis & Trading Strategy Market Overview With the latest available data, MINT/USDT is trading at $0.0623, a whopping 1,146% up. This reflects a volatile market, and both traders and investors are lured to it for short-term profits. The 24-hour price range had been as low as $0.0050 and as high as $0.1160, indicating wild price swings. The 24-hour trading volume is 92.48M MINT, indicating high market activity and good liquidity. The overall turnover in USDT is 6.13M, which indicates that MINT is seeing increased investor interest. Technical Analysis 1. Moving Averages (MA): MA(5): 0.0623 MA(10): 0.0618 MA(20): 0.0603 Short-term moving averages are bullish as MA(5) is higher than both the MA(10) and MA(20). This means that the price is currently in an uptrend, which can be expected to persist if volume continues to be high. 2. Support and Resistance Levels: Support: $0.0555 – This has been tested and sustained, which means buyers are coming in to support the price. Resistance: $0.0650 – It is a vital level, and MINT has been rejected here. A cross above it will propel prices further. 3. Volume Analysis: The volume is rising, a very bullish signal. Increased volume on the advance indicates ongoing interest in buying. But increased volumes near resistance areas could be indicating possible profit-taking by traders. Buy & Sell Strategy Buying Strategy: If MINT remains above $0.0600, traders can look to enter long positions with a target of $0.0650 - $0.0700. A strong-volume breakout above $0.0650 could mean further upside momentum. Stop-loss at $0.0575 to limit downside risk. Selling Strategy: In case MINT is unable to break $0.0650, short-term traders can take profits. A break below $0.0600 could result in a retest of $0.0555, and hence it is a level to be watched. Traders can initiate a sell at around $0.0650 and re-buy lower if there is a price correction. Conclusion MINT/USDT is demonstrating impressive momentum, yet traders need to be careful on account of rampant volatility. Breaking above $0.0650 may initiate a rally, and inability to hold $0.0600 may result in a pullback. Employ stop-losses and position size well in this extremely volatile market.$MINT

MINT/USDT Market Analysis & Trading Strategy Market Overview With the latest available data, MINT/USDT is trading at $0.0623, a whopping 1,146% up. This reflects a volatile market, and both traders and investors are lured to it for short-term profits. The 24-hour price range had been as low as $0.0050 and as high as $0.1160, indicating wild price swings. The 24-hour trading volume is 92.48M MINT, indicating high market activity and good liquidity. The overall turnover in USDT is 6.13M, which indicates that MINT is seeing increased investor interest. Technical Analysis 1. Moving Averages (MA): MA(5): 0.0623 MA(10): 0.0618 MA(20): 0.0603 Short-term moving averages are bullish as MA(5) is higher than both the MA(10) and MA(20). This means that the price is currently in an uptrend, which can be expected to persist if volume continues to be high. 2. Support and Resistance Levels: Support: $0.0555 – This has been tested and sustained, which means buyers are coming in to support the price. Resistance: $0.0650 – It is a vital level, and MINT has been rejected here. A cross above it will propel prices further. 3. Volume Analysis: The volume is rising, a very bullish signal. Increased volume on the advance indicates ongoing interest in buying. But increased volumes near resistance areas could be indicating possible profit-taking by traders. Buy & Sell Strategy Buying Strategy: If MINT remains above $0.0600, traders can look to enter long positions with a target of $0.0650 - $0.0700. A strong-volume breakout above $0.0650 could mean further upside momentum. Stop-loss at $0.0575 to limit downside risk. Selling Strategy: In case MINT is unable to break $0.0650, short-term traders can take profits. A break below $0.0600 could result in a retest of $0.0555, and hence it is a level to be watched. Traders can initiate a sell at around $0.0650 and re-buy lower if there is a price correction. Conclusion MINT/USDT is demonstrating impressive momentum, yet traders need to be careful on account of rampant volatility. Breaking above $0.0650 may initiate a rally, and inability to hold $0.0600 may result in a pullback. Employ stop-losses and position size well in this extremely volatile market.$MINT

MINT/USDT Market Analysis & Trading Strategy Market Overview With the latest available data, MINT/USDT is trading at $0.0623, a whopping 1,146% up. This reflects a volatile market, and both traders and investors are lured to it for short-term profits. The 24-hour price range had been as low as $0.0050 and as high as $0.1160, indicating wild price swings. The 24-hour trading volume is 92.48M MINT, indicating high market activity and good liquidity. The overall turnover in USDT is 6.13M, which indicates that MINT is seeing increased investor interest. Technical Analysis 1. Moving Averages (MA): MA(5): 0.0623 MA(10): 0.0618 MA(20): 0.0603 Short-term moving averages are bullish as MA(5) is higher than both the MA(10) and MA(20). This means that the price is currently in an uptrend, which can be expected to persist if volume continues to be high. 2. Support and Resistance Levels: Support: $0.0555 – This has been tested and sustained, which means buyers are coming in to support the price. Resistance: $0.0650 – It is a vital level, and MINT has been rejected here. A cross above it will propel prices further. 3. Volume Analysis: The volume is rising, a very bullish signal. Increased volume on the advance indicates ongoing interest in buying. But increased volumes near resistance areas could be indicating possible profit-taking by traders. Buy & Sell Strategy Buying Strategy: If MINT remains above $0.0600, traders can look to enter long positions with a target of $0.0650 - $0.0700. A strong-volume breakout above $0.0650 could mean further upside momentum. Stop-loss at $0.0575 to limit downside risk. Selling Strategy: In case MINT is unable to break $0.0650, short-term traders can take profits. A break below $0.0600 could result in a retest of $0.0555, and hence it is a level to be watched. Traders can initiate a sell at around $0.0650 and re-buy lower if there is a price correction. Conclusion MINT/USDT is demonstrating impressive momentum, yet traders need to be careful on account of rampant volatility. Breaking above $0.0650 may initiate a rally, and inability to hold $0.0600 may result in a pullback. Employ stop-losses and position size well in this extremely volatile market.$MINT