$SHIB
I believe that Shiba Inu intends something, so your analysis is current and accurate.
Current technical situation: ✈️✈️✈️✈️🥰🤏🤏🤏🤏#
The general trend is clearly bearish, with a series of descending peaks and troughs.
The price has entered a sideways oscillation phase (horizontal accumulation) after a sharp decline, which may precede a strong movement (either a rebound or continuation).
There is clear support near 0.00001385 - 0.00001390, from which the price has bounced multiple times.
Support and resistance:
Main support: 0.00001385 – if broken, we may see a decline towards 0.00001350 then 0.00001320.
First resistance: 0.00001420 – breaking this may open the way for a rebound towards 0.00001470.
Summary:
> Current trend: bearish then sideways oscillation.
Buy signal: breaking 0.00001420 with a strong candle closing.
Sell signal or caution: clearly breaking support at 0.00001385.
Preferred strategy: waiting for a clear breakout or breakdown to determine entry.
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