Lingrid

Lingrid | SHIBUSDT Accumulation and Distribution

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BINANCE:SHIBUSDT   SHIB / TetherUS
SHIBUSDT broke through the range zone, making an impulse move. It formed another range zone in the shape of the triangle pattern. The market is squeezed. I think the market is in the accumulation phase above the round number at 0.00002000. We saw a massive, long-tailed bar rejecting the support level, which is the big buy zone. I expect the market to make a deeper pullback toward the support level, then move upward if the market presents a buy confirmation. My goal is a resistance zone at 0.00002500 


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