{"content":"🔥 Meme Coin Momentum: DOGE and SHIB Signal Bullish Breakout Key levels of support for Dogecoin and Shiba Inu suggest a rebound. On-chain indicators for both meme currencies indicate strong funding rates and inactive activity, supporting bullishness. The technical forecast suggests double-digit rises for both meme currencies. As meme currencies settle at crucial support levels, Dogecoin (DOGE) and Shiba Inu (SHIB) may rally. On-chain indicators for dog-themed meme currencies reveal strong financing and inactive activity, boosting optimism. Coinglass's OI-Weighted Funding Rate data shows that fewer traders expect Dogecoin and Shiba Inu meme coin values to fall than rise. DOGE and SHIB have positive metrics of 0.0094% and 0.0101%, respectively, showing that longs are paying shorts. This situation frequently indicates market bullishness, indicating DOGE and SHIB price increases. Historically, DOGE and SHIB holders saw their memecoin values climb after surges. The latest rise on Tuesday also predicted an upswing for these dog-themed meme coins. DOGE bulls see 20% gains Dogecoin has retested many times and found support around its 200-day EMA around $0.21 since last week. As of Wednesday, it trades above this support level at $0.23. DOGE may rise 20% from its present levels to retest the 50% price retracement mark at $0.27, drawn from the August 2023 low of $0.05 to the December 2024 high of $0.48, if the 200-day EMA holds. DOGE will continue the fall to retest its next weekly support at $0.18 if it breaks and closes below the 200-day EMA at $0.21. SHIB forecasts 30% rally Since Saturday, Shiba Inu price has retested its 50-day EMA at $0.000013, remaining above it for three days. Key support is this level, which is near the previously broken descending trendline (drawn by connecting successive highs since mid-December) at $0.000014. As of Wednesday, it trades about $0.000014. SHIB might rise 30% to retest its next daily resistance at $0.000019 if the 50-day EMA holds. #SHIB #DOGE #DinnerWithTrump #BinanceAlphaAlert $SHIB $DOGE ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/21/d9c202fa251c4720aacd69ddafe711ce.png"],"tags":[],"tradingPairs":["DOGE/USDT"],"quotearticleid":0}