Coinathlon

SHIB short position

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BINANCE:SHIBUSDT   SHIB / TetherUS
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

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