Coin Name: $SHIB

Currently, SHIB is trading close to its key support level, showing signs of potential accumulation. There is also a clear resistance line in place. If SHIB manages to break through this resistance, a significant upward move could follow—potentially leading to a strong rally.

The RSI indicates that the asset is in an oversold zone, suggesting a possible trend reversal. SHIB may enter a period of consolidation before making another attempt to test the resistance level.

Conclusion:

If SHIB breaks above the resistance, it could trigger a major upward move—possibly "to the moon."

Let me know if you'd like it in a more casual or more technical tone.

Also, USDT.D remains in a bearish trend, as I’ve consistently highlighted in previous comparisons. This behavior often signals increased risk appetite in the market—potentially paving the way for bullish moves in altcoins like SHIB.

If you're interested in exploring more powerful market indicators beyond this and want to discuss your future trading strategies, feel free to reach out. There's always more to learn and apply in this ever-changing market.

📈 Trade Setup for $SHIB

Entry: 0.00001216

Take Profit (TP1): 0.00001307

Stop Loss (SL): 0.00001131

Leverage: 4x

This setup offers a balanced risk-to-reward ratio—always manage your risk and stick to your trading plan.