Shib dump tonight to $0.00000607
New short on SHIB
🛑sl: $0.00641
🎯Tp area: $0.00611
💰Aprox. 3RR
DTT strategy applied. Analysis suggest bears will continue dumping again soon.
New short on SHIB
🛑sl: $0.00641
🎯Tp area: $0.00611
💰Aprox. 3RR
DTT strategy applied. Analysis suggest bears will continue dumping again soon.
SHIB made a proper market structure break recently, and now buyers are in a re-test phase. If they successfully secure the current zone, that would mean a smaller upside movement from here.
So we wait for price to reach our entry — ideally with a strong breakout, not just a slight touch.
Once we get it, we are aiming for the 4 targets we set above.
Swallow Academy
Shiba Inu price action has stabilized after an impulsive sell-off pushed price into deeply oversold territory. The recent downside move briefly drove SHIB below a key monthly support level, but price has since reclaimed this zone and confirmed it with a bullish retest. This behavior often signals seller exhaustion rather than a sustained breakdown.
Following the reclaim, SHIB is now consolidating around the value area low of the prior trading range. This area represents the lower boundary of fair value and is a critical level for continuation. As long as price continues to hold above this region on a closing basis, it supports the idea that buyers are absorbing supply and defending the reclaimed support.
From a momentum perspective, oversold conditions that developed during the sell-off are beginning to ease. This typically allows room for a relief rally, especially when combined with a successful support reclaim. While this does not yet confirm a full trend reversal, it does increase the probability of a rotational move higher.
If bullish volume continues to build, the next upside objective sits near the value area high, where prior resistance is expected. Failure to hold above current support would weaken the setup, but for now, structure favors stabilization and short-term upside potential.
Check this out. This is what is possible.
Six bars = six weeks. 42 days.
In 2021: 13-September 2021 through 25-October 2021, Shiba Inu grew 1,332%.
The first week was the all-time low and then this bull run phase.
In 2026... Get it?
In 2026: 2-February 2026 through...
It is possible. Shiba Inu can grow in unexpected ways.
Now, don't get me wrong. It might happen or it might not happen, a bull run phase, but it is possible.
What we know for certain is that the unexpected is what always tends to happen. Also, strong bullish action can start anytime after a new all-time low.
The ATL came in last week after SHIBUSDT closed five consecutive weeks red and also a major downtrend since March 2024. Almost two years of bearish action.
Long-term bearish action can be followed by long-term growth.
Another scenario; possibilities.
Shiba Inu starts moving within a rising trend, higher highs and higher lows, long-term. Different but still positive.
The less likely scenario is a forever downtrend. This is not likely. This isn't wishful thinking it is only common sense.
The Cryptocurrency market is not shrinking or dying. It is growing and evolving. The market capitalization is in a long-term uptrend. Bitcoin has been growing forever as well as the top projects. The market is young, growing and evolving.
We know why the last few years were bad and there is no need to blame anybody. What happened is already in the past. We survived and will thrive, we are blessed.
A long-term bear market, what to do about it?
Hold strong. Stay strong, never give up.
We tend to want to give up when everything is about to change. Right at the moment when everything is about to get better we feel the impulse to throw the towel. What happens if we never give up?
A moment comes when we reach our goals. We can enjoy the fruit of our labor. The only way to lose is by giving up.
The way to win is to continue forward regardless of the challenge. Can be life or death. Can be disease, can be suffering or pain. There is no other choice but to keep on fighting. It will get better. The bottom is already in.
The worse it gets, the stronger we become. Through pain and hardship we continue to grow.
Shiba Inu will recover.
Namaste.
SHIB continues to consolidate within a defined range near its key weekly support zone. This prolonged period of low volatility and sideways price action often precedes significant directional moves, as market participants lose interest and positions are washed out.
Current Market Structure:
Position: Trading within range near weekly support
Market Sentiment: Characterized by fatigue and reduced participation
Technical Significance: Extended consolidation at major support often signals accumulation
Outlook:
When a asset consolidates for an extended period at a major support level, it frequently builds energy for a substantial move. The combination of time (lengthy consolidation) and price (key support) creates a potential spring-loaded setup.
Upside Potential:
A confirmed breakout above the range resistance could initiate a significant bullish impulse. Based on the depth of the prior consolidation and historical volatility patterns, a measured move projection suggests a potential upside target in the range of 4x from current levels.
Key Conditions for Validation:
1. Sustained breakout above range resistance with increasing volume
2. Successful retest of broken resistance as support
3. Broader market alignment supporting the move
Risk Consideration:
While the reward potential is substantial, traders should wait for clear confirmation signals before positioning. A stop-loss should be placed below the weekly support zone to manage risk in case of downside breakdown.
✍🏼Author's word: Like & comment(your thoughts) if you found it helpful.🩷
1000SHIB is currently trading within a falling wedge pattern on the higher timeframe, defined by a series of lower highs and lower lows that are gradually converging. This structure reflects decreasing downside momentum, even though price remains under overall bearish pressure.
Price is now positioned close to the lower boundary of the falling wedge, an area that often acts as a short-term reaction zone. From here, the market may attempt to cover recent downside wicks or perform a brief liquidity sweep below support, which would still be consistent with the structure of the pattern.
As long as price continues to compress within the wedge, the focus remains on how it reacts around the lower trendline. A sustained defense of this area increases the probability of a mean reversion move toward the upper wedge resistance, while a clean breakdown and acceptance below the structure would invalidate the pattern and extend the broader downtrend.
At this stage, the market is still in a compression and decision-making phase, with confirmation only coming after a clear breakout from the wedge boundaries.
On the weekly and monthly timeframe price has reached the most important support zone. Price has also reached the bearish trendline of the bearish channel. If you zoom out to the monthly, we see a major Gartley harmonic pattern.
Never a better time to rack up some SHIB!!!