$SHIB /USDT â MEME SEASON HEATING UP? BULLISH STRUCTURE TRYING TO BREAK OUT đ„đ
NEXT MOVE: BULLISH IF RESISTANCE FLIPS TO SUPPORT$PEPE
is compressing near a key resistance zone after forming higher lows â a classic pre-breakout structure. Sellers are weakening while buyers continue defending the demand base. A confirmed breakout with volume expansion would likely trigger a momentum rally toward prior supply zones.
đ Trade Setup (Long Scenario)
Entry (Long): Break and close above range resistance
Stop Loss (SL): Below recent higher low
Take Profit (TP):
TP1: Previous swing high
TP2: Major supply zone
TP3: Extended momentum target
đ Short Market Outlook
Meme coins are highly sentiment-driven. If Bitcoin remains stable, capital rotation into high-beta tokens like could accelerate.
$BONK /USDT â BEARISH UNTIL STRUCTURE RECLAIMED â ïž
NEXT MOVE: SELL THE RALLIES
continues printing lower highs under key resistance, signaling distribution. Without a strong reclaim, downside liquidity remains exposed.
đ Trade Setup (Short Scenario)
Entry (Short): Rejection from resistance
Stop Loss (SL): Above lower high
Take Profit (TP):
TP1: Recent swing low
TP2: Major support
TP3: Extended downside target
đ Short Market Outlook
Speculative hype has cooled; risk remains to the downside unless buyers step in strongly.
is compressing with volatility contraction â often followed by expansion. Higher lows suggest buyers are positioning for upside.
đ Trade Setup (Long Scenario)
Entry (Long): Break above range high
Stop Loss (SL): Below higher low
Take Profit (TP):
TP1: Previous high
TP2: Major resistance
TP3: Extension target