SHIBUSDT – History Repeats Itself? Big Move Incoming

23
📈 SHIBUSDT – History Repeats Itself? Big Move Incoming! 🚀

Target 🎯: 0.1000
Stop Loss 🛑: 0.0062

🔍 On the weekly chart, every flash crash marked with a green arrow has historically led to a massive pump in SHIB – and it's happened not once, but twice before. The pattern is clear:

Crash ➡ Consolidation ➡ Breakout

The price respects the long-term horizontal support and bounces back with exponential upside moves.
We just witnessed another flash crash, and price is once again sitting at this historical support zone. Based on the repeating structure, the probability of a strong upside breakout is high.

🔵 A breakout above the descending resistance (white dotted trendline) could trigger the next rally.
🟢 Momentum indicators at the bottom are also showing signs of bottoming out.

This setup aligns perfectly with the idea that altcoins are gearing up for a new leg up in this cycle. SHIB could be one of the early movers once again!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.