SHIB — Starting a Bullish Climb?SHIBUSDC SPOTBYBIT:SHIBUSDCFX_Professor📈 SHIB Breaks Downtrend — Starting a Bullish Climb 🔥🐾 Shiba Inu just pierced its descending resistance line on the 8‑day chart—signaling a trend reversal🔥 On the 1‑hour chart: SHIB has climbed above a key resistance zone (~0.00001510–0.00001550 USDT) Now forming a potential retest → bounce setup Close support lies near 0.00001400, with resistance at ~0.00001600–0.00001620 If the retest holds, SHIB could climb toward 0.00002497 (projected breakout-high), and potentially push further into the 0.00003–0.00005 range if broader momentum kicks in. 📰 Recent SHIB Highlights AI & Burn Surge: SHIB recently spiked ~3%, hitting a 7‑week high as burn rates and AI whitepaper buzz fueled optimism Technical breakout: Surpassed a 26‑day EMA resistance (~0.00001280) with +93% volume increase, RSI/MACD showing room to grow toward 0.000015 c Price outlook: Analysts predict SHIB to reach ~0.000016 by July 23—about +9% upside in the next few days Ecosystem strength: With Shibarium L2, NFT and metaverse initiatives, and strong community support, SHIB is seen as one of the top meme‑ecosystem plays Market cap stands near $8.9B, same as Uniswap – highlighting SHIB’s heavyweight presence despite price lag. CoinCodex 🎯 Trade Setup & Targets LevelZone (USDT)Importance Support0.00001400–0.00001450Ideal retest zone Short Target0.00001600–0.00001620Near-term bounce objective Mid Target0.00002497Measured breakout target Sky’s Limit0.000030–0.000045If momentum aligns with narrative Stop-loss can be placed just below 0.00001350 to protect against false breaks. 🐶 Punchlines for Chart Overlay Top Chart (1‑hr): “Bounce incoming? Shib's paws are itching for the bounce-off!” 🐾🔁 Bottom Chart (8‑day): “8‑week high unlocked—time to dig for next bones!” 🦴📈 One Love, The FXPROFESSOR 💙 Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈