Over the course of several months, SHIB has formed a triangle pattern . Triangle patterns are classically ending in a strong climax either way.

Seeing that both crypto and stocks are trading bearish at the moment, most likely scenario will be for SHIB to break bearish . However, in case stocks will see a strong bullish day tomorrow we can break bullish and hopefully see further upside for the rest of the week.

See blue lines for potential short-term target.

Happy trading!