Dogecoin (DOGE) Price Analysis: Can Bulls Regain Control?

Current Status:
Trading above key EMAs (50-day, 100-day, 200-day), suggesting structural support.

SuperTrend indicator flashes buy signal—bulls need to hold $0.19–$0.21 support.

RSI at 55 (down from overbought), signaling weakening bullish momentum.

Key Levels:
Resistance: $0.23 (descending trendline breakout).

Support: $0.21 (200-day EMA) → $0.19 (SuperTrend) → $0.14 (April lows).

Break above $0.23 could reignite rally, but loss of $0.19 risks deeper correction.

Shiba Inu (SHIB) Price Analysis: Bearish Signals Dominate
Current Status:
Stuck below 12-hour EMAs ($0.00001443–$0.00001458).

MACD sell signal active (blue line below red signal line).

RSI below 50, indicating bearish dominance.

Key Levels:
Resistance: $0.00001458 (200-period EMA).

Support: $0.00001409 (100-period EMA) → $0.00001233 (May low) → $0.00001030 (April low).

Recovery unlikely unless SHIB reclaims $0.00001458.

What’s Next for Meme Coins?
Without renewed social buzz, DOGE & SHIB may continue consolidating.

Bitcoin’s price action critical—if BTC surges, meme coins could see relief rallies.

Traders watching:

DOGE’s SuperTrend hold ($0.19).

SHIB’s MACD reversal potential.

Retail FOMO returning (via social volume spikes).