$SHIB /USDT â Chart Analysis & Trade Setupđ
Timeframes: 1D & 1H | Current Price: 0.00001412 USDT
Technical Breakdown:đ
đ©ïžStructure Flip: $SHIB has officially broken out above the Equal Highs (EQH) zone, confirming Bullish BOS (Break of Structure) on both daily and hourly timeframes.
CHoCH (Change of Character): A clear bullish CHoCH preceded this move, indicating a trend reversal confirmation.
1H Price Action: Strong impulsive candle breached 0.00001400 zone, tapping into minor supply. A healthy pullback into the 0.00001349 â 0.00001372 range (demand zone) could offer a low-risk entry.
1D Resistance: $SHIB is approaching a stacked resistance zone between 0.00001454â0.00001659. Momentum needs to carry through with volume for continuation.
Stochastic RSI: đ
1D: Near overbought (100/99.57), but still showing bullish strength.
1H: Also overbought, suggesting short-term cooling before continuation.
Trade Strategy:đ
â Entry Zone: 0.00001370â0.00001380 (upon pullback)
đŻTarget 1: 0.00001454
đŻTarget 2: 0.00001659
â ïžStop Loss: Below 0.00001325
Risk-to-Reward: ~1:2.5 minimum
Pro Tip:đ§âđ«
This is a âBuy the Break â Buy the Retestâ scenario. A pullback is expected after this explosive leg, so be patient for the demand retest.
Community Sentiment:đšâđ«
SHIB is gaining meme and momentum attention again, but this time with cleaner technicals behind it. Watch for volume confirmation before breakout continuation.
Takeaway:đš
Donât chase green candles. Let price come to your zone. Trade from strength, not FOMO.
đšââ€ïžâđšâDiscipline is choosing between what you want now and what you want most.â
Stick to the setup. Avoid emotional entries.
â ïžDisclaimer: This is not financial advice. DYOR & manage your risk wisely.
