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Wednesday, May 21, 2025

May 21, 2025 at 08:02AM $SHIBUSDT – Major Retest Holding!

$SHIBUSDT – Major Retest Holding!

SHIB is retesting a key breakout zone after breaking through a long-term descending trendline + 200 EMA. The structure remains bullish with a clean higher-low forming at the confluence of support.

📊 Technical Breakdown:
Breakout from descending triangle
Bullish retest of trendline + 200 EMA
Price printing higher lows above key support

🎯 Targets:
TP1: 0.000015252
TP2: 0.000017091
TP3: 0.000018929

🛑 Stop-loss: 0.000013153
📍 Entry Zone: Around 0.000014785

If bulls hold this zone, SHIB could see continuation toward mid-May highs and beyond.


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