Lingrid | SHIBUSDT double BOTTOMED
SHIBUSDT market has formed a double bottom at the support level, a bullish sign that suggests a potential trend reversal. On the daily chart, a triangle formation is taking shape, which is a classic trend continuation pattern. This pattern indicates a price squeeze, where the market is building up energy for a breakout. I think the market will soon break through the downward channel and surge upward, retesting the key resistance levels. This would be a strong indication that the bull run is about to begin. In anticipation of this move, I expect the market to make a temporary pullback towards the support level before resuming its upward momentum. My target is the resistance zone at 0.00002440
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
