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$SHIB – Bullish recovery after downside sweep
I’m seeing strength because price flushed into 0.000005438, cleared liquidity, and then printed a clean impulsive move toward 0.000005958. That tells me sellers exhausted and buyers stepped in with intent.
Right now price is cooling near 0.00000577 after rejecting short-term resistance. This pullback looks controlled, not a breakdown.
Structure read:
Liquidity sweep at 0.000005438
Strong expansion into 0.00000595 zone
Higher lows forming on 1H
Minor resistance sitting near 0.00000600
As long as 0.00000560–0.00000565 holds, bullish structure remains intact. A clean break and hold above 0.00000600 opens continuation toward the next liquidity pocket above.
If price loses 0.00000550, momentum weakens and this turns into range again.
I’m watching how buyers defend current levels. The sweep already happened. Now it’s about continuation.
Let’s go and Trade now $SHIB