Technical analysis by Buyhim about Symbol SHIB on 7/8/2025

📊 SHIB/USDT (1H) AnalysisPrice is consolidating inside a rising wedge pattern. A strong breakout is expected soon.Possible scenarios:✅ Bullish case: Break above the upper trendline (~0.0000124) could push SHIB towards 0.0000130 - 0.0000134.❌ Bearish case: If support around 0.0000115 fails, a drop toward 0.0000100 - 0.0000104 is likely.🔎 Key levels to watch:Resistance: ~0.0000120 — critical for confirming a bullish breakout.Support: ~0.0000115 — losing this level could trigger a sharper decline.Watch RSI and volume for breakout confirmation.💡 Trading idea:Long on breakout & retest above 0.0000124, targets at 0.0000130+.Short on breakdown below 0.0000115 with targets near 0.0000100.Use tight stops outside the wedge for risk management.