$SHM — Inverted Cup & Handle Formation!
Shardeum is flashing a bearish reversal on the 30 mins chart. The inverted cup and handle suggests the bulls are losing momentum.
Here’s the breakdown:
Rounded top (cup) signals a gradual shift from demand to supply
The handle = a weak pullback before potential continuation downward
Key support to watch: $0.228 — a break could open the door to lower levels
Stay sharp — this pattern often leads to trend shifts.