SHIBUSDT – Perfect Confluence Zone Holding Strong!

SHIB has just bounced from a critical confluence zone, combining:
✅ Channel support
✅ Previous breakout zone
✅ Golden pocket retracement

This triple-layered support has historically acted as a powerful launchpad, and the price is already showing early signs of strength.

The price structure is tightening inside a long-term wedge, and a breakout from the upper resistance trendline could trigger a massive upside leg.

First breakout test near 0.024
Potential long-term move toward 0.07+



In shorter timeframe, SHIB broke out of its long-standing falling wedge pattern and is now retesting the breakout zone. With bullish volume creeping in, this move could ignite a powerful trend reversal toward the 0.0000239 zone. Ideal structure for spot entries with defined risk!

SHIB could be coiling for something massive. Keep an eye on structure and volume.

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