The price perfectly fulfilled my previous idea. In my opinion, the alt season has already begun, but we haven't seen it yet on the price charts. Many altcoins, including meme coins, are currently in an accumulation phase. SHIBUSDT chart, in particular, is clearly in a consolidation zone following its recent bullish move. I believe that the price action is being squeezed, and a breakout of this consolidation zone could lead to another price surge. On the daily timeframe, the price is trading within a range, but we can see higher lows indicating buying pressure. If the market stays above the support level, there is a likelihood that the price will move upward. However, if the price breaks and closes below the upward channel, we would anticipate buying at lower prices. My goal is resistance zone 0.00002666
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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