#美国4月CPI数据回落 #Meme币你看好哪一个？ #新币挖矿 #Megadrop $BTC $BNB Will these meme tokens perform in May?

1⃣$DOGE

As the market enters a correction period, its value has shrunk by 25% in a month.

On the daily chart, the correction formed a descending channel pattern, where a solid resistance line triggered the market's third decline. This decline broke the previously broken minor resistance line and tested the 0.14 price level.

Nevertheless, an optimistic rebound from the 38.20% Fibonacci retracement level of the trend line has the potential to quickly change market sentiment. If a decisive rise occurs, it may push the DOGE coin price to the key resistance level of 0.2290.

At the same time, the demand area of ​​0.1226 is an important support point, which has become particularly critical due to the recent multiple buyer reversals.

2⃣$SHIB

Currently, the SHIB currency is showing a sideways trend.

However, the bullish divergence of the relative strength index (RSI) has enhanced the potential for the currency pair to rise, making it stand at a critical moment of the long-short battle. According to trend line analysis and Fibonacci retracement levels, if SHIB achieves a channel breakthrough and rebounds, its price is expected to climb to 0.000041.

On the contrary, if it falls below the support level of 0.000020, it may continue to test another key support trend line close to 0.000018.

3⃣$PEPE

Although the market experienced a 9% correction at the beginning of this week, the overall trend shows a high probability of rebound and bull market signs.

With the breakthrough of the bearish wedge and the formation of the head and shoulders bottom reversal pattern, the potential demand of PEPE coin is increasing.

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