SHI/BUSDT – 30M – BUY

The SHI/USDT 30-minute chart has fired a cluster of bullish signals, including a Double Bottom and Bull Flag, which together suggest a continuation of the prevailing uptrend. The DEMA, MAMA PRICE, MIDPOINT, and MIDPRICE break ups all confirm that price is moving higher across multiple moving averages, while the HT PHASOR Inphase Cross Down indicates a short-term pullback within the larger bullish structure. The Fibonacci Retreat UpTrend (24%) suggests that the recent pullback has retraced to a shallow level, which is typical in strong trends.

Across the timeframes, the trend is bullish from 15 minutes up to 4 hours, with the 2-hour chart showing a very strong trend (4/5). The 8-hour and daily charts are also bullish but with a trend still forming, while the 12-hour is choppy/sideways. This alignment supports the bullish bias, but the lack of a clear nearest resistance level (N/A) and a support at 0.00000 (likely a placeholder) means that key levels are not well-defined, so traders should use recent swing highs/lows or other tools for risk management.