SHIBUSDT | Explosive Breakout from Long-Term Downtrend!📊 Overview:
After months of being trapped in a major downtrend, SHIBA INU (SHIBUSDT) has finally broken out of a multi-month descending trendline that has been capping price action since late 2024. But this isn’t just a minor breakout — this could mark a macro trend reversal, with bullish momentum building up fast.
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📐 Technical Breakdown (Daily Chart – KuCoin):
🟡 Chart Pattern:
A clear Falling Wedge pattern has been forming since December 2024.
The breakout occurred mid-July 2025 with strong price action and early confirmation from volume.
Falling wedge is typically a bullish reversal pattern — and this breakout confirms that narrative.
🟨 Breakout Zone:
Price decisively broke above the descending trendline and is now consolidating just above it.
A successful retest of the breakout level strengthens the bullish case.
🟦 Key Fibonacci Support – “Golden Pocket”:
The zone between 0.000013011 (Fib 0.5) and 0.000012314 (Fib 0.618) is now acting as strong support.
Known as the “Golden Pocket”, this zone is often where high-probability reversals occur.
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🚀 Bullish Scenario (High Probability):
As long as price stays above the Fibonacci golden pocket, SHIB is well-positioned for a continued rally. Key upside targets include:
1. 📍 Target 1: 0.000016824 → Previous key resistance
2. 📍 Target 2: 0.000022000 → February supply zone
3. 📍 Target 3: 0.000029000 → Major historical resistance
4. 🏁 Target 4 (Full Extension): 0.000033419 → Potential top of the breakout range
If momentum and market sentiment align, SHIB may be entering a new bullish cycle.
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🔻 Bearish Scenario (Low Probability, but Manage Risk):
If price fails to hold above the golden pocket:
🔽 Support 1: 0.000011500 → Previous consolidation base
🔽 Support 2: 0.000010050 → Historical demand zone
A breakdown below 0.000010050 would invalidate the bullish structure and shift SHIB back into a prolonged accumulation phase.
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🔍 Conclusion & Market Sentiment:
✅ The trend has flipped! This is one of the most anticipated breakouts for SHIB holders. As long as the structure holds above the golden pocket zone, the bullish outlook remains very strong.
⚠️ However, beware of potential fakeouts if volume drops or Bitcoin triggers broad market weakness.
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📢 Trading Setup (Not Financial Advice):
For Bulls: Look for entries around 0.00001350–0.00001300
Stop-loss: Below 0.00001220
Take-profits: 0.0000168 → 0.000022 → 0.000029
For Bears: Wait for breakdown below 0.00001200 to consider short positions
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🧠 Final Notes:
> SHIB remains a high-volatility microcap token. It's a prime pick for swing traders and momentum hunters — but risk management is key. Keep an eye on BTC for confirmation or invalidation.
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