🚀 $SHX Technical Update: 3rd Bullish Engulfing — History Is Repeating Again!

SHX has officially printed its third major weekly bullish engulfing candle after a deep correction — the same signal that triggered massive trend reversals in 2024 and early 2025.

Once again, the structure is aligning for a double-bottom → breakout → new higher high pattern. đŸ“ˆđŸ”„

🔍 Latest Key Insights

3 Major Bullish Engulfing Bottoms:

✔ 2024 correction bottom

✔ January 2025 bottom

✔ NOW — August–November 2025 correction bottom

Correction depth remains consistent:

‱ 81% (2024)

‱ 75% (early 2025)

‱ 78% (current)

→ Despite volatility, SHX continues a macro uptrend with higher highs & higher lows.

Recent Move:

Price hit 0.382 fib resistance and rejected — same behavior as previous cycles.

Market now watching for a macro double bottom near 0.0087 before the next push.

🧠 Updated Critical Levels

Must-hold support: 0.007 over the next few weeks

→ Holding this means the bullish repeat structure remains valid.

If 0.007 breaks:

⚠ Next support → 0.006

Worst-case (not expected):

⚠ Wick-fill back to 0.005 double-bottom neckline

⭐ Latest Outlook

If SHX repeats its previous two macro patterns —

the low may already be in, setting up for another higher high breakout over the coming weeks. 🚀✹

🔖 Hashtags

#SHX #CryptoTA #altcoins #bullishengulfing #CryptoAnalysis

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If you'd like, I can also create a Binance-style cover image caption for this post.