The meme coin market is facing a slump, with major players like Dogecoin (DOGE), Pepe Coin (PEPE), and Shiba Inu (SHIB) experiencing notable drops. Here’s a quick snapshot:
- **DOGE** is trading around $0.09, having fallen below critical support levels. If this support holds, we might see a period of consolidation or even a reversal.
- **PEPE** is showing a head and shoulder pattern, potentially ranging between $0.000009 and $0.0000049. A break below could push it down to $0.00000181.
- **SHIB** has breached multiple support levels and is testing $0.0000141. A successful break here could lead to a further drop of around 16% to $0.0000116.
