$SHIB / USDT Update
$SHIB is currently testing support and starting to consolidate nicely on the 1H chart 👀
Price action is stabilizing after recent volatility, and buyers are slowly trying to defend the current range. If volume starts returning here, we could see another push toward the 0.00000590 area
📌 What I’m watching closely:
• Buyer reaction around support
• Volume spikes during rebounds
• Whether higher lows continue forming
• Momentum reclaim near short-term resistance
Right now this looks more like a compression phase than a full breakdown, which usually means the next larger move could come soon
If bulls step in with stronger volume, SHIB could attempt another breakout leg quickly
Keeping this one on close watch
#RMJ_trades
#ARMABillIntroducedWith20YrLockup
#FenwickWestSettlesFTXFor54M
#BitcoinBreaksBelow75KAsWarshTakesFedHelm
#StablRDepegsAfterAttack
$SHIB is currently testing support and starting to consolidate nicely on the 1H chart 👀
Price action is stabilizing after recent volatility, and buyers are slowly trying to defend the current range. If volume starts returning here, we could see another push toward the 0.00000590 area
📌 What I’m watching closely:
• Buyer reaction around support
• Volume spikes during rebounds
• Whether higher lows continue forming
• Momentum reclaim near short-term resistance
Right now this looks more like a compression phase than a full breakdown, which usually means the next larger move could come soon
If bulls step in with stronger volume, SHIB could attempt another breakout leg quickly
Keeping this one on close watch
#RMJ_trades
#ARMABillIntroducedWith20YrLockup
#FenwickWestSettlesFTXFor54M
#BitcoinBreaksBelow75KAsWarshTakesFedHelm
#StablRDepegsAfterAttack
