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ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce
SHIB/USDT monthly chart appears to be forming a long-term bottom near the marked retest zone around 0.0000051–0.0000063, where price is currently consolidating after a prolonged downtrend. This area is acting as key support, and holding above it could trigger the projected bullish wave structure toward the first resistance zone at 0.0000153–0.0000227. A breakout above that range may open upside targets near 0.0000468, followed by higher supply zones at 0.0000567 and 0.0000657.
Overall bias remains cautiously bullish while price stays above the retest level; losing support would weaken the recovery scenario.