$SHIB falling wedge about to snap 👀
Price just V-recovered from 0.00000440 and is now pressing hard against the descending trendline near 0.00000510. That diagonal has been capping every bounce since May. 🎯
Trigger is a daily close above 0.00000520. That opens the path toward the 0.00000620 resistance zone — roughly 24% from here. ⚡
Invalidation sits at 0.00000480. Lose that and late longs get washed straight back to the 0.00000430 floor. 📉
Short-side comfort here looks like a trap. Higher lows are stacking under this diagonal and momentum is tightening. 🔥
Bears leaning on this resistance may be the ones getting squeezed.
--
⚠ More analytics and education: 👉 [
--
🚀 Hit the LIKE button if this analysis helps you!
11
3
2
1