Analysis for $SHIB
🔍 Current Structure:
The price is consolidating below the key level of $0.00001580.
Bulls are holding support in the range of $0.00001520–$0.00001530.
Higher lows are being formed — this is a bullish signal.
📊 Volume and Momentum:
Volume is slowly increasing, indicating potential accumulation.
If the breakout occurs with strong volume, the price could quickly reach $0.00001630–$0.00001680.
🎯 Trade Setup (awaiting breakout):
Entry: $0.00001550–$0.00001560 (anticipating momentum)
Stop: below $0.00001520 (clear area to invalidate the idea)
Target 1: $0.00001590 (local profit-taking)
Target 2: $0.00001630 (key resistance, possible take profit on the main portion of the position)
⚠️ Risks:
Meme coin = increased volatility, be prepared for false breakouts and “noisy” candles.
The market may “shake out” weak hands before the real movement — watch for false breakouts and volume.
📌 Tactics:
Use partial exit at $0.00001590, hold the rest until $0.00001630.
If the breakout does not happen within 24–48 hours — it is recommended to exit to avoid prolonged consolidation.