$SHIB – Bullish recovery after downside sweep
I’m seeing strength because price flushed into 0.000005438, cleared liquidity, and then printed a clean impulsive move toward 0.000005958. That tells me sellers exhausted and buyers stepped in with intent.
Right now price is cooling near 0.00000577 after rejecting short-term resistance. This pullback looks controlled, not a breakdown.
Structure read:
Liquidity sweep at 0.000005438
Strong expansion into 0.00000595 zone
Higher lows forming on 1H
Minor resistance sitting near 0.00000600
As long as 0.00000560–0.00000565 holds, bullish structure remains