SHIB and DOGE Stabilize as PEPE and WIF Show Signs of Weakness
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- Shiba Inu and PEPE consolidate as fading volume sparks cautious market sentiment
- Dogecoin steadies near $0.215 support but must clear $0.225 to confirm strength
- WIF shows fragile momentum with 31% drop in volume limiting bullish breakout attempts
The meme coin rally has hit a pause after a week of sharp gains and now the top tokens Shiba Inu, PEPE, Dogecoin, and WIF have pulled back into a consolidation phase. Surely, traders now are in a “wait-and-watch” mode. Although strong support zones have resisted a deeper selloff so far, the market is all but in a tug-of-war.
Shiba Inu and PEPE Struggle for Momentum
Shiba Inu is trading at $0.00001258, with a mild 0.18% pullback in the last 24 hours. The price tested highs near $0.00001290 but has since slipped into consolidation.
Support remains firm around $0.00001230, while resistance near $0.00001285 continues to cap upside attempts. The narrowing range signals indecision, yet a break above resistance could spark a run toward $0.00001320.
Related: Top Meme Coin Gainers: WIF, PEPE, DOGE Lead Market Rally
Meanwhile, PEPE shows a sharper slowdown, slipping 1.19% to $0.00001061. Mo…
The post SHIB and DOGE Stabilize as PEPE and WIF Show Signs of Weakness appeared first on Coin Edition.
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