$SHIB trade plan for today

Market Structure:💪👇

The chart shows a clear short-term uptrend with higher highs and higher lows.

Price recently broke out of a consolidation zone (between 0.00001220–0.00001245).

This breakout shows strong bullish momentum.

Key Confluences:

1. Breakout Zone – Strong breakout above 0.00001250, now acting as support.

2. Momentum Candles – Large green candles = strong buyers in control.

3. Market Structure – Bullish trend with no immediate signs of weakness.

4. Volume Pickup – Likely volume increase during breakout (even if not shown here).

ENTRY ZONE:

Wait for a small pullback near 0.00001255–0.00001250

This zone was the previous resistance, now acting as support.

STOP LOSS (SL):

Just below recent swing low: 0.00001235

TAKE PROFIT (TP):

TP1: 0.00001280 (first minor resistance)

TP2: 0.00001305 (psychological & previous supply area)

Risk-Reward:

Approx. 1:2.5 — good for intraday or short scalp.