$SHIB is gearing up for a breakout after recent burns!
Long-term optimism
SHIB broke a long-term falling channel in July and is now consolidating between $0.000011 and $0.000013, showing strong support and steady buyer accumulation.
TARGETS
If it holds above this zone, targets to watch are $0.000014, $0.0000175, $0.0000205, and $0.000025.
SUGGESTIONS
A symmetrical triangle pattern suggests SHIB could revisit its mid-May high soon.
POSSIBLE SIGNALS
Technical indicators show SHIB is testing key resistance levels around $0.0000129 to $0.0000131, with momentum building but still constrained by EMA resistance.
VOLUME
Daily gains are modest (~0.6%), volume is steady, and RSI is neutral-bullish—so bulls are trying to build momentum for a breakout.
IN SHORT
After token burns, SHIB is consolidating well near strong support and looks set to try a price breakout soon🚀
#SHIBARMYSTRONG #BullishMomentum #SHİB #CryptoPatience $SHIB