$SHIB
SHIB, not SHIB, is the real dog coin.
The current 4-hour pattern has reached the wave form adjustment position of wave c, with the Fibonacci retracement at 0.618 located at 0.2407. The three-top pattern has already completed, and if the US market rises, it can easily move up further to continue the transition to wave b. The current trend is wave c, and the specific movement is shown in the chart.
The wave pattern on the daily level is at the tail end of wave 4 and the starting position of wave 5. The wave 5 pattern can target 0.3509, and wave 4 has retraced to the Fibonacci level of 0.515, which corresponds to the 0.2418 position, indicating an effective retracement. The standard position is at 0.618, while the current position is at 0.2234. Combining with the 4-hour pattern, it is likely to see a round of retracement before continuing upwards.