You may say what you want about these memecoins, but from a trading side of this they are amazing; high liquidity, big moves, etc.
However, please don't buy this as an investment...
SHIB fighting with:
- Support zone
- 0.5 FIB level
- 200 EMA
- Touched the 0.382 FIB
Stop loss just above the .382 and target just above the most recent low.
Risky play