$SHIB Long-term downtrend nearing exhaustion with strong support reaction.


Buyers stepping in at key demand zone with potential reversal setup.

EP
0.0000063 - 0.0000068

TP
TP1 0.0000085
TP2 0.0000100
TP3 0.0000130

SL
0.0000050

Price respecting multi-touch support and forming base after prolonged downtrend. Descending structure weakening with breakout potential toward resistance zone if momentum builds.

Let’s go $SHIB ‌

#GateSquareMayTradingShare
SHIB0.56%
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0xCouchPilot
· 4h ago
SHIB tends to rebound strongly after each deep decline; this time, the structure does resemble a bottom, pay attention to volume.
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diioonniiss
· 7h ago
To The Moon 🌕
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BluePeonyDoesn'tDrop
· 7h ago
From 63-68 continuation, breaking below 50 to accept losses, the profit and loss ratio is still okay, but the bottoming phase tests patience too much.
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LookingAtTheCandlestickChart
· 7h ago
This position has indeed been held for a long time, supporting three tests without breaking, so a short-term position can be tried.
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GateUser-2100b43b
· 7h ago
TP3 to 130 is a bit optimistic, but seeing 85 first shouldn't be a big problem; just set your stop-loss properly.
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