$SHIB 🐶 on the Move: Is This the Start of a Recovery or Just a Bounce? 🔍

📖 The (1H + 4H Chart)

After a deep drop, $SHIB has shown strong bullish candles forming back-to-back on both the 1H and 4H charts.

✅ RSI on 1H: 64.75 → Almost reaching overbought

✅ RSI on 4H: Rising fast to 48.68 → Reversal zone

✅ Price is reclaiming short EMAs and approaching mid-term resistance

📍Current Price: 0.00001272

🔸 1H Resistance = 0.00001274 (Yellow MA)

🔸 Next MA hurdles: 0.00001306 (1H), 0.00001350–0.00001374 (4H)

🧠 Market Thinking & Strategy

🟩 Bullish Clues:

Strong V-shaped recovery on 1H

Reclaiming EMA lines (green, blue, yellow) with volume

RSI still has upside on 4H (no overbought yet)

🟥 Risk Factors:

1H RSI nearing overbought → short-term cooling possible

4H shows major resistance at 0.00001305–0.00001374 zone

If rejected, retest of 0.00001242 or 0.00001220 is likely

🎯 My Short-Term Trade Plan:

Entry was best below 0.00001242 (now late for aggressive buy)

Wait for 1H minor correction or 4H bullish continuation

🔸 Targets:🎯

First = 0.00001305

Second = 0.00001350

Final = 0.00001374

🛑 Stop-loss: Below 0.00001220 (trend invalidation)

🔔 Quick Takeaway

This looks like a short-term trend recovery, but strong resistance lies ahead. Smart traders will scale in, not chase. RSI momentum favors more upside — but the 1H is due for a pullback before the next leg.

📌 “React to structure, not emotions. Enter calm. Exit clean.”

💬 What’s your $SHIB plan? Holding for the meme moon or scalping the structure?

Follow for real-time altcoin setups and psychological edge 🧠

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