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MyCryptoParadise_Nathan
Mar 20, 2024 9:03 PM

๐Ÿš€ Eyes on $SHIB! ๐Ÿ• Potential Breakout Opportunity! ย Long

SHIB / TetherUSBinance

Description

โ‹…
๐Ÿ’Ž SHIBUSDT presents a potential opportunity if it manages to break above the resistance zone and resistive trendline.

๐Ÿ’ŽCurrently, SHIBUSDT is forming a W pattern at the Bullish Order Block (OB) level, indicating a potential bullish move following a breakout above the resistance and trendline.

๐Ÿ’ŽIn the event of a pullback, we might anticipate another bounce from the Bullish OB, although the likelihood of a successful bounce may diminish.

๐Ÿ’ŽHowever, should SHIBUSDT break below the Bullish OB level, it would signal a bearish scenario. In such cases, it's advisable to wait for clearer price action before making any decisions.
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