$SHIB In the current structure, the price is expected to first adjust to the range of 0.011818 - 0.011883, and as buying pressure strengthens in this range, it is anticipated to rebound above 0.012026. To enter a long position, one can enter if a clear reversal candle or a quick spike is confirmed on a lower time frame within this range. If the price rises above 0.012041 and holds that position, 0.012130 and 0.012205 can become target prices.
- If the price drops below 0.011804 and holds that position, my bullish expectation ends, and at that point, deeper supports come into play.
- For a short position, if the price gathers liquidity in the range of 0.012026 - 0.012041, shows a wick, and quickly drops again, it is reasonable to attempt a short in this range.
- Before entering a position, always wait for clear reversal or trend continuation confirmation signals such as a pin bar, engulfing, or a sharp spike on a lower time frame. $KAITO $ORDER