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$SHIB has been showing some very clean price action recently. After sweeping liquidity near the lows, buyers stepped in decisively, pushing price back into a reclaimed demand zone. This is exactly the type of movement you want to see weak levels respected, strong levels defended. Currently, $SHIB is consolidating just above this zone, forming a base for a potential next leg higher.
What’s interesting is how the market respected the prior lows and didn’t break aggressively, signaling that sellers are tired and buyers are regaining control. As long as price stays above this support, the structure remains bullish, and higher targets could come into play. Traders watching this zone closely will likely see clean opportunities for long setups. Patience is key the trend favors continuation, not panic.
$SHIB remains one to watch for the next breakout.