Shiba Inu Burns Spike 673%, But This Dogecoin Resistance Is An Even Bigger Story

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Dogecoin (CRYPTO: DOGE) is testing $0.10 for the fifth time as Shiba Inu (CRYPTO: SHIB) burns surged 673% in 24 hours, with both memecoins hitting make-or-break technical levels simultaneously.

DOGE’s Fifth Test At $0.10

Dogecoin is holding just below the $0.10 psychological level and the Supertrend at $0.10278 that has capped every rally for weeks. 

The ascending triangle remains intact with the rising lower trendline lifting the floor from $0.088 to current levels.

The MACD is firmly positive with the blue line well above signal and histogram staying green, confirming momentum favors buyers even during consolidation. 

Meanwhile, Open Interest ticked up 0.47% to $1.37 billion while Options Volume …

Full story available on Benzinga.com

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