$SHIB USDT BEARISH STRUCTURE INTACT AS LOWER HIGHS KEEP FORMING
Shiba Inu continues to trade within a sustained downtrend, with price action respecting a sequence of lower highs and lower lows. Recent recovery attempts have failed to break above key resistance zones, confirming that sellers remain in control of market structure. The chart shows compression beneath a declining trendline, often a precursor to another impulsive move in the direction of the prevailing trend.
Momentum indicators remain below equilibrium levels, reflecting weak buying pressure and lack of bullish follow-through. Volume behavior supports the bearish outlook, as rallies occur on lighter participation while declines show stronger activity. This imbalance suggests distribution rather than accumulation.
If price loses the current support base, it could trigger a liquidity sweep below recent lows, opening room for an accelerated downside leg toward the next demand zone aligned with the broader channel structure.
Trade Setup
Position: Short
Entry Zone: Rejection from descending trendline resistance or breakdown and retest of key support
Targets:
TP1: Recent swing low liquidity area
TP2: Lower boundary of the broader descending structure
TP3: Measured move projection from the last consolidation range
Stop Loss: Above the most recent lower high and trendline resistance
Risk Management
Risk a small percentage of trading capital per position, secure partial profits at the first target, and trail the stop loss as new lower highs confirm continuation.
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