1000SHIBUSDT Perpetual (2025-01-03):
1-hour chart:
. After sustaining above the consolidated region in the previous POCs (0.021750, 0.021705, 0.021677 and 0.021665), the 1000SHIB/USDT pair presented an explosive upward movement, breaking with speed and intensity the relevant descending top at 0.024074, characterizing the break of the bearish market structure.
. Now, the price is at 0.024189, approaching the second most important consolidation region of all time, in the POC at 0.024900, while the VWAP (0.023363) and the MM200 (0.022293) reinforce the maintenance of the bullish bias in the short term.
. The breakout confirms the reversal of the trend, signaling dominant buying strength at the moment.
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