📊 $SHIB Technical Analysis & Setup
SHIB has successfully swept liquidity above the 0.005153 resistance and reclaimed key levels, displaying a +4.3% bounce with strong 1h bullish momentum loading on the charts.
• Key Support / Demand: 0.004900, 0.005000 zone
• Resistance / Supply Targets: 0.005350 and 0.005600
• Trigger / Confirmation: Sustained hourly candle close above 0.005200 with expanding volume
• Risk / Invalidation: Loss of 0.004820 local support invalidates the bullish setup
• Market Execution: Monitor order book depth and avoid chasing green candles without a retest
DYOR — Educational setup, not financial advice. Manage your risk properly.
#BinanceSquare #Crypto #SHIB #Trading
SHIB has successfully swept liquidity above the 0.005153 resistance and reclaimed key levels, displaying a +4.3% bounce with strong 1h bullish momentum loading on the charts.
• Key Support / Demand: 0.004900, 0.005000 zone
• Resistance / Supply Targets: 0.005350 and 0.005600
• Trigger / Confirmation: Sustained hourly candle close above 0.005200 with expanding volume
• Risk / Invalidation: Loss of 0.004820 local support invalidates the bullish setup
• Market Execution: Monitor order book depth and avoid chasing green candles without a retest
DYOR — Educational setup, not financial advice. Manage your risk properly.
#BinanceSquare #Crypto #SHIB #Trading