$SHIB I've said that the breakout of the red box will again be a leading indicator for a short-term reversal formation. It is currently still struggling to gain this level.

$SHIB Our two short-term targets have hit.

Right now, the breakout of the red box will again be a leading indicator for a short-term reversal formation. If this happens, our 2635 and 2979 targets are still valid.

If the candle on the red box remains only as a wick and we see a downward reversal, the short-term delay may continue for a while, but as long as it stays above the red line, which is the old resistance we broke, I won't worry too much.

In upward movements, our main resistance for the daily TF downtrend to reverse continues as the 2979 level.