$SHIB The daily chart just scripted a textbook capitulation bounce—price wicked down to 0.00000785, swept the entire November liquidity pool, and printed a massive bullish hammer reversal right on the 200 EMA + yearly open confluence—buyers slammed in hard, absorbing the post-Shibarium profit-taking and reclaiming the 0.00000800 zone on 2.3x volume..............
$SHIB has defended the major ascending trendline from the October meme revival, flipping the 0.00000800–0.00000814 breakdown zone into fresh demand while RSI snaps back from oversold 24 and MACD prints a bullish crossover for the first time in 12 days..................
This is classic smart-money reload after the brief -38% correction—whales stacked the dip below $0.000008 as retail puked on the “dead dog” FUD, with on-chain exchange outflows spiking 190% and Shibarium daily transactions rebounding to 18K+ amid the SHIB: The Metaverse land sale countdown..................
If bulls hold this higher low, expect a violent short-squeeze rip straight to 0.00000900–0.00000950 liquidity in the next 24–48 hours, potentially tagging $0.000011+ on sustained meme rotation as forecasts eye 42%+ upside from the bottom..................
One of the cleanest oversold meme recovery longs on the entire board right now—bulls roaring back with Fear & Greed bouncing to 58.........
Trade Setup (Long)
Entry Range: 0.00000820 – 0.00000840
Target 1: 0.00000900
Target 2: 0.00000980
Target 3: 0.00001100
Stop Loss: 0.00000790
