Shiba Inu (SHIB) and Avalanche (AVAX) Flash Mixed Signals as Lunex Network (LNEX) Surges on Bullish Trend

Shiba Inu and Avalanche are both flashing mixed signals as these tokens try to escape strong downward pressure. Meanwhile, Lunex Network is on a strictly bullish trend

Shiba Inu, Avalanche Tokens Flash Mixed Signals Amid Bearish Pressure, While Lunex Surges

Shiba Inu (SHIB) faced immense bearish pressure last week, with over $432,970 in long positions being liquidated. According to data from Coinglass, SHIB had a funding rate of -0.00000475, indicating a preference for shorts. Open interest also leaned toward sellers, suggesting potential for further downward movement.

With short holders aiming to book profits at any moment, several analysts anticipate Shiba Inu’s downtrend to persist into Q4. The token experienced a slight recovery on Monday, rising 5.12% intraday to trade at $0.00001847.

However, the massive 60% increase in volume pointed toward short holders selling out in anticipation of a price decline.

Shiba InuBurntShiba Inu (SHIB) Experiences Sell-Off as Short Holders Prepare for Q4 Exit

Shiba Inu was trading at $0.00001847 on Monday, May 22, following a 5.12% intra-day increase. The token had risen nearly 60% in 24-hour volume to reach $61.86 million. After setting a 24-hour high of $0.00002008, Shiba Inu encountered resistance and began to decline.

After experiencing strong bullish pressure last week, Shiba Inu encountered difficulties as it faced increasing selling pressure. According to data from Coinglass, Shiba Inu short holders were booking profits at any moment, anticipating the token’s downtrend to continue into Q4.

Shiba Inuの様子を見る限り、今後数週間で下落トレンドが継続する可能性が高い。先週はロングポジションの清算が432,970ドル以上と、大きな売り圧がかかりました。また、資金金利は-0.00000475と、ショート志向が強かったことがわかります。

さらに、未決済約定高も売り側に偏っており、今後下落余地があることがうかがえます。ショートホルダーは少しでも利益を確定させたいので、アナリストの一部は、SHIB の下落トレンドが第 4 四半期まで続くのではないかと予想しています。

一方、月曜日の SHIB 価格は時間当たり 5.12% 上昇し、0.00001847 ドルで取引されました。また、出来高は 60% 近く増加し、ショートホルダーが価格下落を前に売却していることがうかがえます。

Shiba Inu (SHIB)BurntShiba Inu (SHIB) Experiences Sell-Off as Short Holders Prepare for Q4 Exit

Shiba Inu (SHIB) encountered difficulties on Monday as it faced increasing selling pressure. According to data from Coinglass, short holders were aiming to book profits at any moment, anticipating the token’s downtrend to persist into Q4.

With over $432,970 in long positions being liquidated, Shiba Inu experienced a sell-off. The token’s open interest indicators suggested a preference for sellers, which could lead to further downward action.

Shiba Inu’s short holders were preparing to sell out quickly, anticipating the token’s downtrend to continue in Q4. With short positions being liquidated at any moment, a sell-off was expected.

Shiba InuBurntShiba Inu (SHIB) Experiences Sell-Off as Short Holders Prepare for Q4 Exit

Shiba Inu (SHIB) faced strong bearish pressure last week as more than $432,970 worth of long positions were liquidated. Shiba Inu’s open interest indicators suggest that there are more sellers than buyers right now, which could lead to further downward action.

Since Shiba Inu’s short holders are prepared to book profits at any moment, several analysts believe Shiba Inu’s current downtrend will continue in Q4.

Shiba Inu is currently trading for $0.00001847 after an intra-day increase of 5.12%. Given the massive 60% increase in Shiba Inu’s volume, short holders appear to be selling out before price declines.

Avalanche Forms Descending Triangle Pattern on AVAX/USDT 4-Hour Chart

Avalanche (AVAX) is currently flashing mixed signals as bulls and bears fight for dominance. On the AVAX/USDT 4-hour chart, Avalanche has formed a descending triangle pattern, which typically indicates strong bearish pressure.

However, the volume has also increased by 26.15% over the last 24 hours, indicating that Avalanche’s short holders may be selling out for now.

After setting a 24-hour high of $30.25, Avalanche encountered resistance

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