Technical analysis by HamadaMark about Symbol SHIB: Buy recommendation (5/10/2025)

🐾 #SHIBUSDT Weekly Outlook — Mid-Cycle Reversal or Final Retest? 🗓 Published: May 10, 2025 📊 Timeframe: 1W | Exchange: Binance Author: HamadaMark 🔍 Market Structure Overview SHIB has completed a multi-year macro compression phase and is currently retesting the mid-cycle support zone, holding above critical levels for now. The chart now reflects two scenarios merging: A descending macro channel A forming double bottom reversal near key historical demand 📌 Observed Patterns: ✅ Macro descending channel ✅ Higher low structure vs. 2022–2023 base ✅ Failed breakdown attempt below $0.00001073 ✅ Fibonacci levels and price memory still respected 🟦 Key Support Levels: Main Support Zone: $0.00001103 – $0.00001073 Last Defense / Panic Level: $0.00000535 📛 Breakdown here = cycle invalidation, opens risk for full reset Lower Historic Floor: $0.00000510 (cycle base) 🎯 Bullish Reversal Targets (Fib-Based): TP1: $0.00001761 – Previous neckline zone TP2: $0.00002828 – Channel midpoint / Fib 0.786 TP3: $0.00004176 – Macro W-pattern measured move TP4: $0.00005842 – Fib 1.618 (Breakout extension) TP5: $0.00008555 – 2.618 (2021 ATH retest territory) 📈 Potential upside: +200% to +400% if structure holds 🧠 Strategy Insight • Long-term buyers may DCA in the blue zone • Higher probability entries on reclaim of $0.000017–$0.000020 • Full confirmation only if SHIB breaks above $0.00002828 with volume • Panic below $0.00000535 = invalidation of long-term accumulation thesis 💡 SHIB has historically delivered explosive returns after long consolidations — the current zone mirrors past setups. 🗣 What’s Next? If bulls hold $0.000011–$0.000015 and reclaim mid-range resistances, we enter the next cycle phase. A W-reversal is forming — neckline breakout will flip sentiment across the market. 📢 This is SHIB's final test — hold the base, and meme season returns. Lose it, and lights go off for a while. we ask Allah reconcile and repay