Shiba Inu (SHIB) remains in a precarious position. Trading around $0.00001115, the token recently made a slight bounce from 16‑month lows, spurred by a surge in on‑chain volume . However, this rally may be short‑lived; bearish momentum continues to build, especially amid global political tensions and continued token offloading by holders .
Key support sits at approximately $0.000011, but a breakdown below $0.0000102 could open the door to a drop near $0.0000094 . Resistance is stacked at $0.0000122, $0.0000155, and notably $0.00002–$0.000025, with a theoretical “erase‑a‑zero” rebound (to $0.0001) requiring an impossible ~900% move . While occasional spikes and whale accumulation—a 1.3 trillion SHIB buy hinted at a potential double‑bottom pattern —the consensus points to a consolidation or slow bleed unless bullish catalysts re-emerge.
$Solana (SOL): Golden Cross Comes Back
Solana has returned to the spotlight with its MACD nearing a golden‐cross formation—a potent bullish signal when the shorter MACD line crosses above its signal line . Technical setups suggest the potential for a rebound from its multi‑month low near $140.21, aiming for a rally toward $165–$200 .
Institutional accumulation (e.g., Galaxy’s 660,000 SOL buy) and positive indicators like BoP support the bullish thesis . However, caution is warranted—the golden cross could fail, and if sentiment turns, SOL may revisit support at $148–$161 . Still, from a technical standpoint, the setup favors upside, and many traders are positioning with that expectation.
Dogecoin (DOGE): Crucial Price Moment
Dogecoin remains trapped at a pivotal juncture. Currently around $0.1594, DOGE is testing strong support in the $0.16–$0.17 range—dubbed the “alarm zone” . A bounce from here, possibly fueled by bullish breathing room above $0.17, could pave the way for resistance tests at $0.175–$0.18 .
However, a breakdown below $0.16—and especially under $0.137 where a death cross looms—could trigger a sharp decline to ~$0.11–$0.13 . On the upside, momentum could propel DOGE toward $0.20–$0.34, although this requires a breakout above the 200‑week/50‑week SMA cluster near $0.21–$0.25 .
Final Take
SHIB is navigating a consolidation phase with no clear catalysts for a sustained rebound. SOL is showing genuine technical promise thanks to its nascent golden cross and accumulating institutional interest. DOGE, meanwhile, stands at a make‑or‑break support level—with subsequent moves likely to define its short‑term trend.
