$SHIB 24-hour high, current price 0.0₅45, previous high 0.0₅4479.
After a new high, there are generally three possible paths:
① Pull back to the previous high without breaking below it, then make a new high: strongest
② Move sideways near the previous high: consolidation, waiting for direction
③ Fall directly back below the previous high and fail to reclaim it: false breakout
Currently above the previous high; first, let's see whether it follows ① or ②.
After a new high, there are generally three possible paths:
① Pull back to the previous high without breaking below it, then make a new high: strongest
② Move sideways near the previous high: consolidation, waiting for direction
③ Fall directly back below the previous high and fail to reclaim it: false breakout
Currently above the previous high; first, let's see whether it follows ① or ②.
