SHIBUSDT the channels are breaking, Pump coming SHIB / TetherUSBINANCE:SHIBUSDTMMBTtraderShiba Inu (SHIB) has successfully broken above the first channel resistance to the upside. This initial breakout is a significant technical development, as it suggests that the previous descending or sideways channel structure has been invalidated. Following this breakout, the price is now positioned to rally toward the first major target, which aligns with the second channel resistance level. This second resistance zone is historically stronger and may require increased buying volume to be breached. Once the second channel resistance is also broken, the upside potential could expand significantly. After years of relative dormancy, SHIB may be entering a renewed accumulation or distribution phase to the upside. A confirmed breakout above the second resistance could trigger a more powerful impulsive wave, similar to historical rallies seen in this asset class. Educational Note: Channel resistances are part of price channel patterns, which help traders visualize trend boundaries. A break above the upper channel boundary often signals trend acceleration. However, traders should wait for volume confirmation and possibly a retest of the broken resistance as new support before adding to positions. Breakouts without volume are prone to false signals. ✍🏼Author's word: Like & comment(your thoughts) if you found it helpful.🩷