🚀 $SHIB

SHIB

0.0₅723

+0.83%

is pressing against long-term support with bounce potential.

Price has just reacted from the lower boundary of the descending channel, showing hesitation to continue lower after an extended selloff.

📉 Technical View:

• Pattern: descending channel with compression near the base

• Bias: bullish, rebound favored while support holds

• Key Level: channel support as the reaction zone, descending resistance as the upside objective