1000SHIBUSDT Perpetual (2025-01-01):
15-minute chart:
. A significant upward movement occurred, breaking the resistance region formed by the previous POCs (0.021750, 0.021705, 0.021677 and 0.021665) and sustaining above the previous high of the day (0.021918).
. The POC of the day adjusted to 0.021230, reflecting the increase in volume in the upward movements.
. The price is operating above the main moving averages, such as the 200 MM (0.021398) and the 50 MM (0.021361), consolidating the buying strength and reinforcing the uptrend in the short term.
. The MM20 (0.021561), now sloping upwards, suggests immediate dynamic support.
For this movement to continue, the price must remain above the breakout zone, while overcoming additional resistance could lead the asset to seek higher levels, such as 0.022075 or even the previous top at 0.022438.
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