The meme coin market is experiencing a downturn, with major coins such as Dogecoin (DOGE), Pepe Coin (PEPE) and Shiba Inu (SHIB) showing significant declines.
Here's a quick overview:
DOGE fell below a key support level that is currently hovering around $0.09. If support at this level holds, it could signal a period of consolidation or a potential reversal1.
PEPE shows a head and shoulders pattern with potential to swing from $0.000009 to $0.0000049. A break below could lead to a fall to $0.00000181.
SHIB has broken through several support levels and is now testing the $0.0000141 mark. A successful break below could see a further fall of around 16% to $0.0000116.
#doge #pepe #shib #SOFR_Spike #BinanceTurns7
