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April 16, 2026 at 09:43PM SHIB: Breaking the Descending Trendline
SHIB: Breaking the Descending Trendline
SHIB / TetherUS BINANCE:SHIBUSDT
SHIB has officially broken out of its descending trendline, but the real challenge lies in the MA100 resistance immediately above. To ensure safety and avoid bull traps, the optimal strategy now is to place a Buy Stop order above this moving average zone. Patiently waiting for a decisive confirmation will help investors filter out noise and better protect their capital before entering a new, sustainable growth cycle in the promising future.
this is not investment advice, DYOR
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