🔥 $DOGE & $SHIB Flash Bullish Divergence – Is a Breakout Coming? 🚀
Meme coins are stirring again! After a sharp market pullback, both Dogecoin (DOGE) and Shiba Inu (SHIB) are showing strong signs of a rebound. DOGE surged 3% to $0.1763 on Friday, bouncing inside a falling wedge pattern — a classic setup for bullish reversal. If it can break above $0.1832, DOGE could target resistance at $0.1946 and $0.2039.
Meanwhile, SHIB followed suit, also up 3% to $0.00001238. Its RSI is rising from oversold territory, hinting at a trend shift. A key bullish divergence has formed between May 31 and June 5, suggesting momentum is building — unless SHIB slips back to support at $0.00001159.
Even more bullish? Liquidation data shows selling pressure is cooling off. DOGE saw long liquidations drop dramatically, while short positions are still getting squeezed.
With meme coin market cap down 5% in 24 hours but technicals turning green, DOGE and SHIB may be gearing up for a massive breakout. Stay tuned — things could move fast! 💥📈