SHIB / TetherUS
Long

Lingrid | SHIBUSDT Potential Rally to Key Resistance Zone

1 439
SHIBUSDT is consolidating above the key support at 0.00001373, sitting right at the intersection of the upward trendline and a major structure retest. A wedge pattern suggests cooling pressure, with the setup favoring a bullish breakout if buyers step in near this confluence. The key target lies in the 0.00001727 zone, aligning with prior highs inside the resistance channel. A breakdown below trendline support would invalidate this bullish outlook.

📈 Key Levels
  • Buy zone: 0.00001350 – 0.00001373
  • Buy trigger: breakout above wedge and upward trendline defense
  • Target: 0.00001727
  • Sell trigger: close below 0.00001350

💡 Risks
  • Weak volume on breakout may signal a fake move.
  • Sudden volatility from BTC could derail recovery.
  • Failure to hold the trendline flips structure bearish.

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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