๐๐ฅ $DOGE & $SHIB Hit Hard โ Memecoins Under Fire! ๐ฅ๐
๐ Market in Retreat:
The kings of the meme world โ Dogecoin and Shiba Inu โ just took a major hit, and the bears are feasting. ๐ป๐ฅ
๐ธ $DOGE got slapped at the $0.21 resistance โ now drifting lower...
๐ป Broke trendline
โ Closed under the 50-day EMA
๐ฏ Support Zones: $0.18 โก๏ธ $0.15
๐ Long/Short Ratio: 0.86
๐ง Traders are bearish โ lowest level in a month.
๐น shib cracked below $0.0000119
๐ Printing lower highs, lower lows
๐จ 10% drop in just 4 days!
๐ฏ Support Zones: $0.0000111 โก๏ธ $0.0000100
๐ Long/Short Ratio: 0.82
๐ธ Funding Rate: Nearing negative โ traders paying to short!
๐ Whatโs Next?
๐ป Trendline breaks โ๏ธ
โ EMA rejections โ๏ธ
๐ Correction still in motion.
๐ก Bullish Comeback?
Needs strong reversal:
๐ข DOGE to reclaim $0.24
๐ข SHIB to climb back above $0.0000136
๐ Conclusion:
Meme seasonโs on pause. The charts are speaking โ and right now, bears are leading the pack.
Will the doggos bounce back, or is more pain ahead?
#Binance #DOGE #SHIB #MemeCoins #MarketAnalysis #notcoin