SHIB rallied 24% in a week. It strongly broke through the key resistance at 0.0000061, and the volume-backed breakout pattern is very typical. If you’re going to trade a breakout, there’s only one rule: don’t chase. Wait for a pullback to confirm support before entering. If it holds, you can look to the previous high; if it breaks down, exit.
Current price is 0.00000571—it's already fallen back about 6% below the breakout level and is now pulling back to test it. Adjust the parameters according to the current price: the level at 0.0000057 below is the current support zone. As long as it holds, it’s the buying range, with a target to revisit 0.0000061. If the close falls below 0.0000055, the breakout structure will be broken—reduce exposure and avoid.
#SHIB
Current price is 0.00000571—it's already fallen back about 6% below the breakout level and is now pulling back to test it. Adjust the parameters according to the current price: the level at 0.0000057 below is the current support zone. As long as it holds, it’s the buying range, with a target to revisit 0.0000061. If the close falls below 0.0000055, the breakout structure will be broken—reduce exposure and avoid.
#SHIB