Reflection Point on SHIB – Technical Analysis and Smart Entry Opportunity

I monitored the movement of $SHIB over the past few days and noticed the formation of a symmetrical triangle pattern on the 4-hour chart, which is usually a signal for an upcoming price breakout.

When breaking the upper resistance with a noticeable increase in trading volume, I confidently entered the trade at the level of 0.00002250 targeting the next resistance at 0.00002800.

The RSI was at level 45 and trending upwards – a positive signal.

The MACD gave a clear bullish crossover.

The volume was increasing with each green candle – additional confirmation.

I partially exited at the first target, and I am still holding a part of the trade in anticipation of further upward movement.

Lesson: Combining technical indicators with reading price action provides clearly studied entry opportunities.