Login / Join

Technical analysis by CryptoCoinsCoach about Symbol SHIB on 12/7/2025

https://finbeet.com/message/3967627

SHIB approaching a key reversal zone inside a descending channel

Message Type:Neutral
Price at Publish Time:
$0.0000084407
،Technical،CryptoCoinsCoach

SHIB continues to move inside a clear descending channel that has been respected since mid October. Price is once again approaching the mid zone of the channel while holding above a short term support created by recent higher lows. The structure is now offering two possible scenarios. Bullish idea A reclaim of the short term trendline resistance can trigger a recovery toward the upper boundary of the descending channel. Important focus points: • Price stability above the short term support • Breakout of the diagonal resistance • Room toward the liquidity cluster at 0.00000913 • A full channel rotation opens the path to 0.00001035 Bearish idea Failure to hold the mid support area invites continuation inside the channel. What to watch: • Loss of the support zone • Return toward 0.00000827 then 0.00000779 • Deeper liquidity around 0.00000755 at the channel bottom This level is an important pivot inside the overall channel. SHIB is preparing for a directional decision and the next breakout or rejection should define the coming weeks.

Source Message: TradingView