October 19, 2025 at 04:47PM SHIB Macro triangle tightening-Stoch RSI primed for liftoff

SHIB Macro triangle tightening-Stoch RSI primed for liftoff

SHIBA INU / US Dollar COINBASE:SHIBUSD

LayneTrading

SHIBUSDT is compressing at the apex of a multi-year symmetrical triangle. Rising base support ≈ $0.0000095; upper trendline ≈ $0.000017. A monthly close > $0.000017 confirms breakout.
measured-move target ~$0.0000245 (first objective). Extended targets: $0.000030–0.000045. Invalidation: monthly close < $0.0000095. #SHIB #Breakout #StochRSI

(Rising base support (monthly): $0.00000950
Upper triangle resistance (monthly): $0.00001700
Breakout confirmation: monthly close > $0.00001700
Measured-move target (first objective): ~$0.0000245 (~+44% above breakout)
Extended target band (liquidity clusters / prior structure): $0.000030 – $0.000045
Current live price used for calculations: $0.00001010)

Calculated as :
Anchors as monthly candle closes / visible trendline touches on multi-year triangle:
Base support = $0.00000950
Upper resistance = $0.00001700
Triangle height = resistance − base
= 0.00001700 − 0.00000950 = 0.00000750
Measured-move target = breakout level + height
= 0.00001700 + 0.00000750 = 0.00002450
Percent moves:
Height as % of breakout level ≈ 44.12% (0.0000075 / 0.000017) — i.e., measured move ≈ +44% above breakout.
From the current price (~$0.00001010) to measured target = ~+143%.