$SHIB /USDT – Chart Analysis & Trade Setup👇
Timeframes: 1D & 1H | Current Price: 0.00001412 USDT
Technical Breakdown:📉
🛩️Structure Flip: $SHIB has officially broken out above the Equal Highs (EQH) zone, confirming Bullish BOS (Break of Structure) on both daily and hourly timeframes.
CHoCH (Change of Character): A clear bullish CHoCH preceded this move, indicating a trend reversal confirmation.
1H Price Action: Strong impulsive candle breached 0.00001400 zone, tapping into minor supply. A healthy pullback into the 0.00001349 – 0.00001372 range (demand zone) could offer a low-risk entry.
1D Resistance: $SHIB is approaching a stacked resistance zone between 0.00001454–0.00001659. Momentum needs to carry through with volume for continuation.
Stochastic RSI: 📈
1D: Near overbought (100/99.57), but still showing bullish strength.
1H: Also overbought, suggesting short-term cooling before continuation.
Trade Strategy:📉
✅Entry Zone: 0.00001370–0.00001380 (upon pullback)
🎯Target 1: 0.00001454
🎯Target 2: 0.00001659
⚠️Stop Loss: Below 0.00001325
Risk-to-Reward: ~1:2.5 minimum
Pro Tip:🧑🏫
This is a “Buy the Break – Buy the Retest” scenario. A pullback is expected after this explosive leg, so be patient for the demand retest.
Community Sentiment:👨🏫
SHIB is gaining meme and momentum attention again, but this time with cleaner technicals behind it. Watch for volume confirmation before breakout continuation.
Takeaway:🐨
Don’t chase green candles. Let price come to your zone. Trade from strength, not FOMO.
👨❤️👨“Discipline is choosing between what you want now and what you want most.”
Stick to the setup. Avoid emotional entries.
⚠️Disclaimer: This is not financial advice. DYOR & manage your risk wisely.