Shiba Inu (SHIB) is currently trading around $0.00001208, showing signs of stabilizing near a key support zone after a recent pullback. The market appears to be forming a rounded double bottom pattern, which could evolve into a strong W-shaped bullish reversal if confirmed with volume and breakout above short-term resistance (~$0.0000135).
This level could be pivotal for long-term accumulation.
What to Watch
*Key Support Zone: $0.00001200 - price is holding this level firmly.
*Short-Term Resistance: $0.0000135 - a breakout could confirm bullish continuation.
*Indicators: RSI is cooling off after a high, which could provide momentum for a new leg up.
SHIB may be quietly setting the stage for a powerful recovery. This support level looks like a gift for those with patience and vision. DCA smartly, monitor dips, and don’t panic, because when this pattern breaks out, you’ll wish you had loaded up earlier.
This isn't about hype...it’s about positioning. Stay disciplined. Stick to your plan. SHIB might just surprise everyone again.
This level could be pivotal for long-term accumulation.
What to Watch
*Key Support Zone: $0.00001200 - price is holding this level firmly.
*Short-Term Resistance: $0.0000135 - a breakout could confirm bullish continuation.
*Indicators: RSI is cooling off after a high, which could provide momentum for a new leg up.
SHIB may be quietly setting the stage for a powerful recovery. This support level looks like a gift for those with patience and vision. DCA smartly, monitor dips, and don’t panic, because when this pattern breaks out, you’ll wish you had loaded up earlier.
This isn't about hype...it’s about positioning. Stay disciplined. Stick to your plan. SHIB might just surprise everyone again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.