🚨 $DOGE & SHIB Under Pressure! 🐶💣
Sell-Off Deepens | Bulls on the Run 🏃♂️📉
📉 Memecoin Market Meltdown?
🔻 DOGE rejected at $0.21 ➡️ Back under 50-day EMA
🪓 Broke key trendline — eyes now on $0.18 and $0.15 support!
🔻 SHIB slips below $0.0000119
💥 Down 10% in 4 days | Printing lower highs/lows 📉
Watch out for $0.0000111 and $0.0000100 ⚠️
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📊 Derivatives Flash Warning Signs!
🧨 Traders Turning Bearish
📉 Long/Short Ratios (Wednesday):
• $DOGE: 0.86
• $SHIB: 0.82 (🚨 Monthly Lows!)
💸 Funding Rates Nearing Negative
• DOGE: 0.0005%
• SHIB: 0.0001%
👉 Traders are paying to stay short!
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📈 What Bulls Need to Watch:
• DOGE must reclaim $0.20+
• SHIB needs $0.0000136 for a trend reversal
Until then — BEARS in full control 🔴🐻
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🧠 Conclusion:
Trendline breaks. EMA rejections. Bearish momentum is building fast.
Only a strong breakout will flip the script. Until then… stay sharp. ⚔️