After losing a significant amount of its late-August rally, Dogecoin is about to go through a crucial support test. At the moment, DOGE is trading at $0.0823, which puts the price right in the middle of a cluster of short-term technical support. The area between $0.080 and $0.082 is the most significant.
Dogecoin buyers stay on the sidelines
The 100-day EMA around $0.0816 and the short-term moving average near $0.0806 both converge in this area. The most recent candles for DOGE show buyers trying to protect it after the price dropped from its most recent peak of $0.095. The August breakout structure would remain intact if this support were maintained.
Prior to this, DOGE accelerated from about $0.070 and came very close to the 200-day EMA at about $0.0945. The strong rejection that the long-term moving average generated indicates that the overall trend has not yet entirely turned in favor of buyers. Momentum has significantly decreased.
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After going into overbought territory, the RSI has dropped to about 55. This eliminates a portion of the rally’s speculative excess without causing DOGE to enter a bearish trend just yet. The first recovery targets are $0.086 and $0.090 if $0.080 holds, and then another attempt is made at $0.094–$0.095.
The medium-term structure would be significantly improved by a successful breakout above the 200-day EMA. Instead, losing $0.080 would reveal the 50-day EMA at $0.075, with $0.070 emerging as the subsequent significant support.
Hyperliquid stays strong
Technically speaking, Hyperliquid is still much stronger, with HYPE trading at about $84 following a strong breakout from the $58–$60 range. Instead of immediately retracing the rally, the asset has established a consolidation range close to its recent highs. The price has fluctuated between roughly $79 and $86 on several occasions, and buyers are still absorbing selling pressure around $80.
Additionally, HYPE continues to have a very large lead over its major moving averages. The 50-day and 100-day averages are roughly $63.7 and $62.5, respectively, while the short-term average has increased to roughly $72.8. The 200-day EMA is still much lower, at about $55.
The trend’s strength is confirmed by that separation, but it also raises the possibility of a retracement. Since the August breakout, HYPE has increased by over 40%, extending the market in relation to its underlying averages. The RSI moved well into overbought territory before cooling to about 69.
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If HYPE keeps consolidating, momentum can normalize without necessitating a significant price correction, which is beneficial. The immediate barrier is still between $85 and $87. If this range were to be broken, $90 would be in play, and then the psychologically important $100 target. $80 is the first level to watch when conditions deteriorate.
A deeper retracement toward $75 and the short-term EMA around $73 could result from losing it. However, the dominant structure is still bullish as long as HYPE stays above this level.
Shiba Inu’s stabilization
Following another volatile rejection, Shiba Inu is trying to stabilize above one of its most significant short-term technical zones. SHIB is currently trading at about $0.00000518, which places the token marginally above the $0.000005 level that has consistently dictated the recent price action’s direction.
The positive development is that SHIB has recovered the 100-day EMA around $0.00000498 and the short-term moving average around $0.00000501. Additionally, the price is upholding the rising support structure that was established by the August lows.
A comparatively concentrated support area between roughly $0.0000049 and $0.0000050 is produced by these levels taken together. Holding it might enable SHIB to try again at $0.0000054–$0.0000055. But above that, the declining 200-day EMA currently sits at $0.0000057, where much stronger resistance emerges.
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Although buyers were unable to sustain the breakout, SHIB’s prior surge momentarily surpassed this average and reached about $0.0000062. The primary flaw in the current configuration is still that rejection. SHIB continues to trade below its 200-day EMA despite the recent rebound, indicating that the broader trend has not yet shifted into a confirmed bullish structure.
Neutral momentum, as opposed to strong buying pressure, is also reflected in the RSI around 54. The recovery would be weakened by a break below $0.0000049, which could reopen $0.0000047, followed by the $0.0000044–$0.0000045 region.
Bitcoin’s key stabilization threshold
After its extraordinarily strong breakout from the $63,000–$65,000 range, Bitcoin is still consolidating around $78,200. The biggest technical shift is that Bitcoin successfully crossed the 200-day EMA, which is now at about $72,300.
Despite a few days of consolidation, Bitcoin crossed this long-term resistance with significant volume and has stayed comfortably above it. Between roughly $77,000 and $81,000, the current battle is being fought.
Selling pressure has been applied to several attempts to push the rally past $80,000–$81,000, but sellers have also failed to generate a significant reversal. After the breakout, this places Bitcoin in a high-level consolidation.
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Momentum is still high. After entering overbought territory recently, the RSI is currently around 69. Cooling the RSI while the price remains around $78,000 would actually strengthen the setup by reducing momentum excess without destroying the bullish structure.
A strong move above $80,000–$81,000 could reopen the May peak at $82,000 and possibly set up another leg higher. In the short term, the downside structure is more significant.
The closest support is found between $76,500 and $77,000, but the main technical safety net is located between $72,000 and $73,000, where the 200-day EMA and rising short-term average converge. The recent breakout is structurally sound unless Bitcoin loses that area.
