SHIB Price Prediction: 6x30 Long Strategy Targets 30% Gains

I am considering a long position on SHIB with a 6x leverage, targeting a 30% price increase. The current price of SHIB is approximately $0.01214, and the average distance to my target is about 0.186%. The trading volume per minute stands at around $28,298, indicating a decent level of market activity and liquidity. Given the leverage and the relatively small price movement expected, I believe this setup could allow for significant gains if SHIB moves favorably. The volume suggests active trading, which is beneficial for entering and exiting positions efficiently. However, I remain cautious about potential volatility, as meme coins like SHIB can experience sharp price swings. Overall, I see this as an opportunity with high risk and high reward. Technical analysis and market sentiment should be monitored closely to confirm the trade direction. This setup is suitable for traders comfortable with leveraged positions and quick position management.