$SHIB 💪 🚀 BULLISH 💪 🔥
SHIB/USDT Trade Setup – Range Breakout Watch
1. Market Structure & Trend
Trend: Consolidating with a bullish bias; higher lows forming since early May
Pattern: Symmetrical triangle or descending wedge (watch for breakout above resistance)
Momentum: Building slowly; a breakout may be imminent if volume picks up
Trading Strategy
Scenario 1 – Breakout Trade
Entry: Break above $0.00001650 with volume spike
Target 1: $0.00001780
Target 2: $0.00001900 (Fibonacci extension)
Stop-loss: $0.00001530
Scenario 2 – Pullback Buy
Entry: $0.00001420–$0.00001500 zone
Target 1: $0.00001650
Target 2: $0.00001780
Stop-loss: $0.00001380
Risk Management
Risk 1–2% of capital per trade
Use trailing stops once price closes above $0.00001700