๐ What is a Retest for a Bullish Run? ๐
In trading, a retest is when the price of an asset moves back down to test a previous resistance level that it has broken through. Once this level holds as support, it's a sign the bulls are ready to push the price higher again! ๐
In the case of $SHIB , we're seeing exactly that. After a strong move up, the price is retesting its previous resistance around 0.00001360. If it holds, we could be looking at the next leg of a bullish run! ๐
Keep an eye out for these retestsโthey're often a great signal for strong upward moves! ๐ฅ
