โ ๏ธ SHIBA INU: READY FOR LIFTOFF OR ANOTHER TRAP? ๐ฅ๐๐
๐ก Current Price: 0.00001513 USDT
SHIB is at war with a major level โ after breaking out of a long-term wedge, it now faces serious resistance ahead. Bulls are pushing, but the next move could make or break the trend. Letโs break it down ๐
๐ง Key Chart Insights
๐ Descending Wedge Breakout: A bullish reversal pattern has been violently broken to the upside ๐
โ๏ธ Mid-Term Target Zone: SHIB is knocking on the door of 0.00001798 โ 0.00002000 USDT, a critical battleground ๐ฃ
๐ Flipping Resistance to Support: Current price zone has been tested countless times โ itโs make-or-break here
๐ Volume: Still relatively calm โ volume explosion = breakout confirmation ๐ฅ
๐งฑ Resistance Zones Ahead
๐ฅ 0.00001513 USDT โ Current battle zone ๐ฉธ
๐งจ 0.00001798 โ 0.00002000 USDT โ Mid-Term Target ๐ฏ
๐ง 0.00002436, 0.00002570, 0.00002763 USDT โ Key short-term targets
๐๏ธ 0.00003159 USDT โ Massive pivot zone
๐ฅ 0.00003800 โ 0.00004004 USDT โ Long-term breakout target โ ๏ธ
๐ก๏ธ Support Zones to Watch
โ ๏ธ 0.00001055 USDT โ Critical horizontal support; break = red alert ๐จ
๐ Trendline Support โ Retest of the wedge breakout zone = must hold!
๐ก 0.00000600 โ 0.00000750 USDT โ Historical demand zone (last line of defense) ๐ก๏ธ
๐ Bullish Scenario
๐ Break and hold above 0.00001513 โ next stop: 0.00001798 โ 0.00002000
๐ฃ If cleared, runway opens to 0.00002570 and beyond
๐ Volume + weekly close above 0.00002000 = serious bull confirmation
๐ฉธ Bearish Scenario
๐ค Rejection from 0.00001798 zone โ pullback likely
๐ป If 0.00001055 breaks, wedge breakout = fakeout
๐ง Downside could accelerate to 0.00000750 or lower