Technical analysis by Lingrid about Symbol SHIB: Buy recommendation (5/24/2025)

SHIBUSDT is consolidating above the key support at 0.00001373, sitting right at the intersection of the upward trendline and a major structure retest. A wedge pattern suggests cooling pressure, with the setup favoring a bullish breakout if buyers step in near this confluence. The key target lies in the 0.00001727 zone, aligning with prior highs inside the resistance channel. A breakdown below trendline support would invalidate this bullish outlook.📈 Key LevelsBuy zone: 0.00001350 – 0.00001373Buy trigger: breakout above wedge and upward trendline defenseTarget: 0.00001727Sell trigger: close below 0.00001350💡 RisksWeak volume on breakout may signal a fake move.Sudden volatility from BTC could derail recovery.Failure to hold the trendline flips structure bearish.Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻