Dogecoin (DOGE) and Shiba Inu (SHIB) Price Drop as Critical Support Fails

The prices of major meme cryptocurrencies Dogecoin (DOGE) and Shiba Inu (SHIB) are testing new lower levels following a breakdown of key technical support. This bearish movement signals increased selling pressure in the market. Traders are closely monitoring these levels to determine if the decline will continue or if a reversal is imminent. The performance of these altcoins often reflects broader sentiment in the risk-on segments of the crypto market. Investors are advised to watch for the next significant support zones and trading volume for clearer directional cues.