$SHIB is flashing a bullish reversal signal on the daily chart. After weeks of consistent lower highs and lower lows, the price action is now compressed into a classic falling wedge โ a pattern that often leads to breakouts ๐
๐ปPrice dipped into the 0.000012 zone, forming a tight wedge structure
Historically, falling wedges in SHIB have led to solid upside runs ๐งจ
๐ Key Levels to Watch:
Breakout confirmation: Above 0.00001300
Resistance zone: 0.00001480 โ 0.00001550
Support base: Holding 0.00001200 is critical
โ ๏ธ If #SHIB breaks out with strong volume, we could see a quick test of mid-May highs. Patience and confirmation are key!