🐕 $DOGE – $SHIB tight as a guitar string before the FED's interest rate decision!
On the eve of the FOMC meeting at 2:00 AM, the market expects the FED to cut rates by 25bps, causing DOGE and SHIB to simultaneously test important resistance levels.
🚀 DOGE: Waiting to break the downtrend line
DOGE is hitting the downtrend line since 10/27, coinciding with EMA20 – a “tough” resistance zone for 2 months.
If it breaks: aiming for EMA50 → $0.180.
If it fails: could easily drop to $0.131, and potentially reach $0.100.
RSI & Stoch are in the middle → just one bounce is enough for the “bulls” to have a chance to run.
🔥 SHIB: Targeting $0.0000097
SHIB is testing $0.0000087 (EMA20). If this zone is broken → it opens the way up to $0.0000097.
The next steps include: EMA50 → EMA100 → EMA200, only by breaking all can it aim for $0.0000123.
If rejected: the price may pull back to $0.0000076.
RSI & Stoch are neutral → just need “green FED news” for SHIB to potentially bounce back.
⚠️ Not investment advice. If you read this and go all-in on memecoins then lose sleep waiting for the FED, that’s your fault, not the article’s! 😁
