Dogecoin (DOGE) and Shiba Inu (SHIB) are both in a tough spot right now. DOGE saw a big drop, with $39. 29 million leaving the market in just one day. This is the biggest single-day loss in a while. It's not looking good. Both coins are struggling to hold their ground.

DOGE has been going down for a while. It's lost almost half its value since September. Big investors are selling, and there's no one buying. The price keeps bouncing up and down but can't stay up. It's stuck between $0. 12 and $0. 15. If it falls below $0. 12, things could get worse. On the other hand, if it can break above $0. 15, that would be a surprise.

SHIB is also in a bad way. It's down 1. 5% today and has lost more than half its value since August. It's barely holding on to a support zone. If it breaks below $0. 00000754, it could drop even further. Like DOGE, SHIB is stuck in a downtrend. Every time it tries to go up, it gets sold off.

Both coins are trading below their key moving averages. This means the trend is down, and there's no sign of a turnaround yet. The market is in a bearish mood, and these meme coins are feeling the heat.


    # **Dogecoin (DOGE) and Shiba Inu (SHIB) Struggle in Bearish Market**

    ## **A Tough Spot for Meme Coins**

    **Dogecoin (DOGE)**
    - **Biggest single-day loss in a while**: **$39.29 million** left the market in just one day.
    - **Downtrend continues**: Lost nearly **half its value since September**.
    - **Stuck in a range**: Bouncing between **$0.12 and $0.15**.
    - **Critical levels**:
        - **Below $0.12**: Could signal further decline.
        - **Above $0.15**: A rare positive surprise.

    **Shiba Inu (SHIB)**
    - **Down 1.5% today**: Lost over **half its value since August**.
    - **Barely holding support**: Critical level at **$0.00000754**.
    - **Downtrend persists**: Every upward attempt met with selling pressure.

    ## **Market Sentiment**
    - Both coins trading **below key moving averages**.
    - **Bearish trend** with no clear turnaround in sight.

    

Dogecoin and Shiba Inu: A Rocky Road Ahead

A Tough Spot for Meme Coins

Market Sentiment

Actions