$SHIB — Compression After Trendline Break
SHIB reclaimed the descending resistance and is now consolidating above a rising base around 7.60e-6, while repeatedly testing the 7.85–7.95e-6 supply band. The structure suggests absorption rather than rejection so far.
Holding the green zone at 7.60–7.65e-6 keeps upside toward 7.95–8.05e-6 in play, a potential ~3–4% move. A breakdown below support risks ~3% downside. With tight structure, the estimated RRR sits around 1.1–1.3.
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