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SHIB has officially entered an explosive phase, decisively breaking out of a small sideways consolidation following a long-term downtrend. This movement perfectly aligns with our early May strategic forecast, triggering automated Buy Stop orders at key levels. Looking at chart image_649bba.png, the bulls' strength is evident as the psychological barrier at the 635 USD mark—a stubborn resistance for the past two months—has been completely neutralized.
Three solid technical pillars back this macro growth scenario. First, the price holding its close above the 100-day Moving Average (MA100) for 10 consecutive days indicates that buying power is stabilizing remarkably well. Second, the shift from a "defensive" to an "offensive" stance was established immediately after the price escaped the accumulation base. Finally, the broader market context is highly favorable, with Bitcoin (BTC) holding firmly above 80,000 USD. If this momentum continues, capital will soon rotate heavily into Altcoins and Memes, sparking a promising Altcoin season. The disciplined strategy now is to set a decisive stop-loss just below the recently exited base to protect capital while targeting the previous peak for profit-taking. This trade setup offers a very high Risk-to-Reward (RR) ratio, allowing us to optimize our advantage as momentum officially returns.
this is not investment advice, DYOR $SHIB