SHIB is consolidating around a key daily order block, sitting just above prior demand zones. This area has acted as a strong base for previous rallies, making it a critical support to watch.
Stoch RSI is oversold and beginning to curl upward, hinting at possible bullish momentum if buyers step in here. The immediate upside levels are marked by Resistance 1 and Resistance 2 — a breakout could open the path for continuation higher.
Key Levels:
Support: 0.00001200 (Order Block / Daily Demand)
Resistance 1: ~0.00001600
Resistance 2: ~0.00001750
The path is clear: hold demand and the order block for a potential bullish move, or lose it and risk another leg down.
Stoch RSI is oversold and beginning to curl upward, hinting at possible bullish momentum if buyers step in here. The immediate upside levels are marked by Resistance 1 and Resistance 2 — a breakout could open the path for continuation higher.
Key Levels:
Support: 0.00001200 (Order Block / Daily Demand)
Resistance 1: ~0.00001600
Resistance 2: ~0.00001750
The path is clear: hold demand and the order block for a potential bullish move, or lose it and risk another leg down.
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Explore 5,000 Strategies at quanttradingpro.com
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Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
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.