$DOGE , $SHIB & $PEPE Under Pressure — Meme Coin Sell-Off Deepens

Meme coins are facing heavy selling pressure as bearish signals dominate the charts, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) all sliding lower.

Bearish Momentum Building

Derivatives data from CoinGlass shows shorts dominating: 55% short positions on DOGE, and 57% on SHIB, confirming a growing risk-off sentiment.

MACD indicators have flipped bearish, signaling momentum shift to the downside.

RSI readings are weakening, pointing to further sell-side control.

Dogecoin (DOGE)

Down 2% Tuesday, extending its 5% slide from Monday.

Now testing the 50-day EMA at $0.2163 — a break below could send DOGE to the 200-day EMA near $0.2100.

If it rebounds, upside retest may target $0.2407.

Shiba Inu (SHIB)

Trading near a triangle support at $0.00001244.

A breakdown could push SHIB toward $0.00001166, while a bounce keeps chances alive for a retest of the 50-day EMA at $0.00001304.

Pepe (PEPE)

Dropped ~4% Monday and another 1% Tuesday.

At risk of losing the $0.00001000 psychological support — with a possible slide to $0.00000986.

Needs to reclaim the 200-day EMA at $0.00001120 to revive bullish momentum.

📉 With meme coins flashing multiple sell signals and traders stacking shorts, the path of least resistance remains bearish unless key supports hold.