$SHIB
Technical Overview
Daily Tech Rating: Strong Buy — majority of moving averages & oscillators bullish
Chart Structure: Broke descending channel → potential trend reversal
Support Zone: $0.00001309–$0.00001320 (volume-backed)
Resistance Zones: ~$0.00001410 (near-term), then $0.0000150 & $0.0000165
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🟢 Trade Setup
Action Entry Zone Targets Stop‑Loss
Momentum Long $0.00001380 – $0.00001410 $0.00001500 → $0.00001650 $0.00001350
Breakout Play Above $0.00001440 on volume $0.00001650 → $0.00001800 $0.00001400
Fade Entry Near $0.00001410–$0.00001420 $0.00001350 → $0.00001300 $0.00001430
🎯 Rationale:
Breakout from descending trend supports bullish continuation
Social volume surging (~50%) often precedes price jumps
Burn rate increase bolsters bullish sentiment and potential rally
