Shiba Inu just took a 38% nosedive — triggered by geopolitical chaos and panic across global markets.
A U.S. airstrike on Iran sent fear through every risk asset… and SHIB wasn’t spared.
\$12 billion wiped from its market cap.
Whales dumped. Retail bailed. Futures collapsed to a 2-month low.
But while most are running scared, the charts are whispering **comeback**.
📉 SHIB hit \$0.000011 — the lowest since April.
RSI slammed into 30.
MACD and Stochastic show *maximum pain*.
Momentum? Crushed.
But when everyone sees red… smart traders watch for green.
🔥 A double-bottom is forming at \$0.00001030.
That’s two strong hits to support — and no breakdown yet.
This is classic reversal territory.
📈 If SHIB holds the line here, a bounce toward the neckline at \$0.00001765 is on the table.
That’s a potential 62% blast from current levels.
Double-bottoms don’t whisper — they explode when confirmed.
🧠 Murrey Math Lines confirm SHIB is at oversold extremes.
Previous bounces from this level led to sharp rallies.
The question now isn’t *if* SHIB can move… it’s *when* and *how violently*.
⚠️ But beware:
If \$0.00001030 breaks, we may drop to \$0.0000080 — a brutal reset.
So this setup isn’t just technical… it’s psychological.
SHIB stands at a warzone of fear and opportunity.
🚀 This isn’t a meme coin moment — this is a **battle line**.
Bounce, or bleed.
Reversal, or wreckage.
Traders watching this double-bottom could catch the move of the month.
💬 Comment: “I’m watching the bottom” if you’re tracking this setup
🔁 Share with every trader who needs to see the *real* SHIB story
📊 Follow for more market alerts before the trend flips
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