Saad Ullah
SHIB (Shiba Inu) is at a crossroads. After months of sideways action, the meme coin favorite is showing some interesting technical signals that could spell either a major breakout or another painful correction. With SHIB sitting in a critical price zone and traders watching every move, the question everyone's asking is simple: which way will it break?
SHIB's Evolution: From Meme to Ecosystem
Shiba Inu started as just another Dogecoin wannabe, but it's actually become something bigger. We're talking ShibaSwap DEX, NFTs, and a community that won't quit. Still has that crazy meme energy though.
Right now, SHIB is stuck in the "middle zone" on the 4-hour chart. It just hit a supply zone above and got pushed back down.
SHIB (Shiba Inu) Technical Setup: The Liquidity Play
Here's the deal: SHIB could drop to that liquidity pocket below, and there's a solid demand zone waiting there. Plus, there's uncollected liquidity on bigger timeframes that could pull price higher.
Classic "liquidity grab" setup - drop first, then moon. It's textbook.
Why SHIB Plays by Different Rules
But here's the thing - meme coins don't follow rules. I've seen perfect setups get ignored while these coins either explode or crash without warning.
The technical stuff? All possible. Guaranteed? Hell no. SHIB does its own thing.
Plan for multiple scenarios and expect anything. BTCC's offering 10% bonus on $500+ deposits if you're trying futures.
Saad Ullah
