Detailed Scenarios for SHIB/USDT
Scenario 1: Upward Breakout
Confirmation: Price breaks the triangle resistance line on increasing volume.
Targets:
Initial Target: 0.00002850.
Main Target: 0.00003784.
Strategy:
Entry: After a candle closes above the resistance.
Stop Loss: Below the broken resistance line.
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Scenario 2: Downward Breakout
Confirmation: Price breaks the support line on increasing volume.
Targets:
Initial Target: 0.00001553.
Main Target: 0.00000543.
Strategy:
Entry: After a candle closes below the support.
Stop Loss: Above the broken support line.
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Tip: Watch volume to validate the breakout and adjust position sizes based on risk management.