The meme coin market is going through a delicate phase. While Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are losing strength, large whales seem to be waiting in the shadows, marking the pulse of a market that could tilt even further downwards if new momentum does not appear.
Whale exit and signs of weakness
Recent data shows a sustained decrease in whale holdings, reflecting a gradual loss of confidence.
🐶 DOGE: wallets with more than 1 billion tokens reduced their share from 46.75% to 46.28% since early October.
🐕 SHIB: medium holders (1M–1B of SHIB) also cut positions, with a slight reduction from 2.83% to 2.822%, while larger whales remain without major movements.
🐸 PEPE: medium investors reduced their stake from 3.84% to 3.764%, and large positions now concentrate 96.23% of the supply.
The drop in Open Interest (OI) reinforces this bearish trend:
DOGE: $1.85 million M (-2%)
SHIB: $76 M (-5%)
PEPE: $209 M (-6%)
👉 This indicates less speculative interest and less liquidity, an environment where prices tend to be more vulnerable.
Key technical levels to watch
DOGE has lost strength and is trading below its psychological support of $0.2000, dangerously approaching the level of $0.1781.
To reverse the trend, it needs to break $0.2056, which would open the door to $0.2172.
SHIB struggles to stay in a critical zone. The price is below $0.00001000, with support at $0.00000911.
To exit the descending channel, it must close above the EMA 100 at $0.00001073. Resistances: $0.00001116 – $0.00001225.
PEPE resumed its correction after three days of rebound. It now hovers around $0.00000619, and only a break above $0.00000738 could take it to $0.00000788.
Market sentiment: caution and opportunity
Whales are not aggressively accumulating, sending a clear signal: they are waiting for lower levels or greater clarity in market direction.
This could translate to:
🔸 Continuation of the correction if no new capital enters.
🔸 Tactical rebound opportunities if key supports are respected and volume reappears.
Many retail traders remain attentive to these zones to identify possible short-term speculative entries, but the risk of rapid volatility is high.
Conclusion: the game is decided by the whales
Dogecoin, Shiba Inu, and Pepe are at a pressure point. Without the support of large buyers, corrections could intensify. But if whales start moving again, we could see an equally explosive rebound.
📌 Key zones to follow:
DOGE: $0.1781 – $0.2056
SHIB: $0.00000911 – $0.00001073
PEPE: $0.00000619 – $0.00000738
👀 For tactical traders, these levels represent both risk alerts and potential opportunities.
