SHIB 8H – Double Bottom at Support, Breakout Structure Loading?

HIB has just completed a clean double bottom off a major demand zone on the 8H timeframe, following a textbook impulse → correction → potential reversal sequence. Price structure shows clear symmetry, and the recent bounce aligns with a Stoch RSI reversal from oversold — building a strong case for bullish continuation.

With the key support at ~0.00001200 holding, the white projection shows a potential stair-step return to the upper resistance zone near 0.00001600.

🧠 Key Technicals:
– Major demand zone held strong (previous base of July breakout)
– Double bottom structure forming at support
– Stoch RSI flipped from oversold → confirms short-term momentum
– Clean risk-reward setup toward range high

If SHIB breaks above 0.00001350 with volume, it may trigger the second leg up in this recovery sequence.

Simple structure. Clear reaction. Now price just has to follow the plan.

👇 Comment if you’re in from the bottom, or waiting for confirmation.