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Monday, April 20, 2026

USD: Range trade view holds – BBH - FXStreet

April 20, 2026 at 04:06AM $SHIBA 100X CONFIRMED ??

$SHIBA 100X CONFIRMED ??

SHIB / TetherUS BINANCE:SHIBUSDT

Alright, this one’s shaping up nicely… 👀🔥

SHIBUSDT on the 1D timeframe is finally showing its first real bullish signal since February — and the structure is starting to flip in favor of the bulls.

After months of trading inside a descending channel, price has now broken out and is attempting a clean retest of that structure.

This is key… because breakout + retest = confirmation if it holds.

Current Market Context

SHIBUSDT trading around $0.0000060 (+0.25%)

Market still relatively stable with:
BTCUSDT at $75,197
ETHUSDT at $2,309

Momentum is slowly returning across majors, supporting alt recovery.

Price has been in a clear downtrend channel since 2025 highs, but now:

Breakout confirmed from descending channel
Retest in progress near ~$0.0000058–$0.0000060
MACD just flipped bullish (first time since Feb)
Price pressing middle Bollinger Band (~$0.0000598)

This is where things get interesting…
If buyers defend this retest, we could see a trend reversal phase begin.

Support (Retest Zone): $0.0000058 – $0.0000060

Resistance Zones (From Chart):
$0.00000785 – $0.00000821 (mid resistance)
$0.00001038 – $0.00001261 (major supply zone)

Bollinger Levels:
Lower Band: $0.00000572
Mid Band: $0.00000598
Upper Band: $0.00000625

If SHIBUSDT : Holds above $0.0000058 Confirms breakout with a strong daily close above $0.00000625.

Then expect:
➡️ Move toward $0.0000078 – $0.0000082
➡️ Break above that opens macro target near $0.000010+

That’s roughly a 100%+ move potential from current levels .

On-Chain & Sentiment Insight
Burn rate dropped ~32% → weak supply reduction narrative
Open Interest declining → market de-leveraging
Longs getting liquidated more than shorts → buyers still early

Eyes on that retest… that’s the decision point. 👀


Sunday, April 19, 2026

U.S. Dollar Index DXY Declines 1%, South Korea Tightens Crypto Withdrawal Rules - Binance