Meme coins were busy today in a shaky crypto market. Dogecoin bounced back after a big drop, while Shiba Inu fell but quickly recovered — showing some strength despite a weak trend.
Market Overview
The crypto market is under pressure. Concerns over an AI bubble, $800 million in Bitcoin ETF outflows, and low liquidity are making things worse for riskier tokens like DOGE and SHIB.
However, big investors are behaving differently across these two coins:
DOGE attracted more institutional buying after weeks of whale accumulation.
SHIB saw retail selling pressure first, but buyers jumped in at the lows.
No major news caused today’s moves, but traders are watching ETF developments and whale activity closely.
Price Movement
Dogecoin (DOGE)
📈 Rose 3.0% to $0.1641
Dropped to $0.1551 early but recovered fast
Heavy volume: 613M, 186% above average
New support near $0.1640
Bullish trend with higher lows and strong demand
Shiba Inu (SHIB)
📉 Dropped 2.0% to $0.000009045
Broke support but spiked back after falling to $0.000008975
Volume jumped 67% over average
V-shaped recovery signals temporary stability
Key Levels
DOGE: Must hold above $0.1638–$0.1640; resistance at $0.1650 and $0.1680
SHIB: Needs to reclaim $0.000009240 to turn bullish; strong support at $0.000009020
What It Means for Traders
Dogecoin looks stronger today — breaking resistance could lead to more upside.
Shiba Inu is trying to stabilize, but still in a downtrend until it closes above key levels.
Watch volume and whale activity — both played key roles in this session.
Dogecoin shows bullish signs. Shiba Inu is at a turning point, needing more confirmation before a trend change. $BTC
#StrategyBTCPurchase #MarketPullback #BuiltonSolayer #PowellWatch #AltcoinMarketRecovery
