Meme coins continue to trade under pressure as investors wait for stronger signals that the recent selling wave has finally eased. Dogecoin, Shiba Inu, and MemeCore have all entered periods of consolidation after steep declines, yet none have reclaimed the technical levels that typically mark a sustainable recovery.
Although buyers have defended nearby support zones, broader chart structures still favor sellers. Consequently, traders remain focused on whether these assets can overcome key resistance areas or whether another round of losses will extend the prevailing downtrend.
Dogecoin trades near $0.0727 after finding temporary stability above its recent lows. However, the token still sits below its 20, 50, 100, and 200-day exponential moving averages. That alignment continues to reflect a bearish long-term structure.
The first challenge appears near $0.0747, where the 23.6% Fibonacci retracement aligns with the 20-day EMA. A move above that barrier could shift attention toward $0.0782 and $0.0809. Moreover, a stronger breakout could expose the $0.0837 and $0.0875 levels before traders target the recent swing high around $0.0924.
On the downside, buyers continue defending the $0.0720 to $0.0725 range. However, losing that zone would place the recent low at $0.0694 back into focus. The Stochastic RSI remains elevated, suggesting short-term momentum has improved. Nevertheless, that momentum could fade without a decisive breakout.
Shiba Inu remains trapped below every major daily EMA, keeping the broader trend firmly bearish. Even so, recent sessions have produced smaller price swings, indicating that selling pressure has slowed while buyers protect the current demand zone.
Immediate support sits near $0.00000404, while resistance begins around $0.00000431 and strengthens near the 20-day EMA at $0.00000433. Additionally, Fibonacci resistance extends through $0.00000448, $0.00000475, and $0.00000495.
Momentum indicators also reflect caution. The Stochastic RSI continues drifting lower, showing that buying strength has weakened. Hence, SHIB needs a sustained move above nearby resistance before sentiment can improve meaningfully.
MemeCore trades around $1.23 after a prolonged decline from above $2.60. The token continues moving below all major daily EMAs, confirming that sellers retain overall control.
Support currently rests between $1.20 and $1.22, followed by $1.13 and the psychological $1.00 level. Meanwhile, resistance begins at the 20-day EMA near $1.41, with additional hurdles at $1.54, $1.87, and $2.19.
Besides, the Stochastic RSI shows fading bullish momentum after a brief recovery. Until MemeCore reclaims the $1.41 level, rallies could continue attracting renewed selling pressure rather than confirming a lasting trend reversal.
