#Shibalnu
🚹 $SHIB — Imbalance Zone Retest & 1D Correction 📉
â–Ș Order Flow Bias: Neutral/Bearish 🟡 (Correction Phase)
â–Ș Expected Mitigation Range: $0.00000420 – $0.00000485
â–Ș Liquidity Target 1: $0.00000456 (Imbalance midpoint)
â–Ș Liquidity Target 2: $0.00000499 (Resistance)
â–Ș Structural Invalidation: $0.00000420 (Break of support)

Institutional Macro & Market Analysis:

SHIB has corrected 11% after its explosive rally, with $2.1M in long liquidations. The price is now moving toward the imbalance zone between $0.00000420 and $0.00000485, a key technical area that could attract buyers. The daily chart shows SHIB holding above EMA8 ($0.00000462) but below VWAP ($0.00000469) at $0.00000463.

Token burn activity has dropped sharply, removing a supply-side support. The Stochastic RSI is retreating from overbought, consistent with the correction. The midpoint of the imbalance zone at $0.00000456 is the next target. Bulls need to defend the zone to prolong the trend.
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Disclaimer: Market structure tracking for informational purposes. Not financial advice. Always DYOR. đŸ›Ąïž