DOGE eyes a 160% rally after rejecting key support levels.
PEPE’s future hinges on maintaining its trend channel.
SHIB nears critical resistance, with a breakout rally imminent.
DOGE, PEPE, and SHIB prices have entered a cooling phase as traders secure profits following an intense rally. At present, DOGE targets a 160% surge, PEPE is testing its trend channel, and SHIB is on the verge of a breakout.
DOGE’s Uptrend Remains Intact
Despite the pullback, bullish sentiment persists, especially for DOGE, which analysts project could see a potential 160% surge. After bouncing from its support zone, the OG meme coin remains within bullish parameters, targeting $0.73 as the next major resistance.
While some traders have begun trimming positions to mitigate potential risks, the overall trend indicates upward momentum remains intact.
PEPE’s Channel Holds Key
PEPE, on the other hand, faces a more precarious situation as it clings to its trend channel. Experts have warned that a breakdown could send the price crashing toward the 0.000016 zone, intensifying selling pressure. Hence, maintaining its trend channel is key to its upward momentum.
The post DOGE PEPE SHIB Price Action: DOGE’s Surge, PEPE Channel, SHIB Rally appeared first on Coin Edition.
