$SHIB
🎯 Today’s Trade Plan
Strategy Entry Zone Stop-Loss Target 1 Target 2
Long $0.00001360 – 0.00001375 $0.00001340 $0.00001450 $0.00001600
Entry: Look for dips into support at pivot/S1 ($0.0000124).
Stop‑Loss: Below $0.00001340 (just under S1 support).
Target 1: $0.00001450 — approaching 1 std dev resistance.
Target 2: $0.00001600 — extended run if bullish momentum carries forward.
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🧠 Rationale
Strong alignment of MAs and indicators across short/intermediate timeframes suggest bullish bias .
Breakout from rising wedge or consolidation above pivot/resistance could trigger further upside .
Analyst Javon Marks targets a long-term level of $0.000081 (~500% upside), highlighting solid structural breakout (rounded bottom + retest) .
However, rising wedge patterns can reverse—keep a close eye on support break.
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⚠️ Risk Management
Use small position size—SHIB’s volatility may lead to whipsaws.
Consider trailing stop once price approaches $0.00001450 to protect profits.
Watch Bitcoin/altseason sentiment, which tends to strongly influence memecoin momentum.
Avoid entering near wedge resistance without a breakout—could trap at $0.00001320–30.
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✅ Summary
Bias: Bullish
Buy: $0.00001360–13,750
Stop‑Loss: $0.00001340
Targets: $0.00001450 → $0.00001600
Invalidation: Close below $0.00001340 or breakdown under wedge support - signals likely deeper retracement.
