- SHIB broke the last daily low on June 22, grabbing key liquidity before entering a two-week accumulation
- Liquidity is building both above and below, making sudden moves likely
- A strong daily supply zone with imbalance sits overhead, which could act as a resistance zone if reached too early
Back on June 22, Shiba Inu broke the last daily structure low, and reacted almost perfectly to a weekly demand, grabbing that liquidity we had been eyeing for a while.
And ever since? Accumulation mode. We’re now over two weeks deep into a sideways chop that’s clearly leaving liquidity both above and below.
This kind of setup? It’s a classic “compression before expansion” moment.
You can feel it—like something is building, coiling. But here’s the thing: can SHIB really start climbing before sweeping that liquidity below? I’m not convinced. Price rarely just takes off cleanly in this kind of environment. That’s not how it usually works.
And even if it does start climbing from here, the upside has a limit—at least in the short term. There’s a daily supply zone sitting just above, and it’s not a weak one either.
That imbalance sitting in that supply? It might act like a wall if price reaches it too fast, especially if it hasn’t cleared the liquidity below first.
I’ve seen this pattern play out too many times.
A move up that looks convincing—until it taps that supply, fakes out the bulls, and dives back down to sweep the lows. It’s frustrating, yeah, but also part of the game. You either wait for the sweep… or risk getting swept.
That being said, nothing’s 100%.
These are just high-probability setups based on what’s visible now. SHIB could completely ignore the playbook, accumulate for a bit longer, or even start trending upwards unexpectedly. Price does what it wants.
The key is knowing where the traps are and keeping your edge razor sharp.
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