Malik Trader box

Shiba Inu goes bullish · High probability chart setup$
#ShibaInu #SHIB #SHIBUSDT
When a chart produces a long-term consolidation pattern, there is always an interplay between resistance and support. The action moves toward resistance then back to support, from support to resistance and this keeps on repeating until the pattern is finally broken.
Shiba Inu (SHIBUSDT) produced its all-time low in September 2021. The all-time high in October 2021. Next a major low happened June 2023. This turned out to be a higher low compared to Sept. 2021. Then there is a major high in March 2024, this turned out to be a lower high compared to October 2021. The market flush October 2025 is again a higher low compared to June 2023.
This is a sequence of lower highs and higher lows. This sequence implies a very wide and long-term consolidation pattern. It also implies the development of a bullish move next. The upper boundary of the pattern is set to be challenged and at the same time likely to break. It can happen that this resistance level around 0.00002500 holds, but still the next major move is a bullish jump.
You can find the full trade-numbers right above this post. This chart setup can be approached with leverage or spot, the choice is yours. If you are risk averse, use spot or very low leverage. This a high probability chart setup. The bulls already entered the game.
Namaste.
✅ Trade here on $SHIB

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