• Unless it recovers 0.000001100, Pepe Coin is under downside pressure, and traders are in charge, although it is oversold.
• Shiba Inu moves in the direction of the support, and the volatility squeeze indicates that the company is about to break out of a range between 0.00001290 and 0.00001340.
• Dogecoin is more resilient, and it can retest 0.295 provided that the buyers continue its momentum beyond the 0.280-0.286 resistance zone.

The case of cryptocurrency markets was ambivalent, with memecoins being clustered around essential support areas. Pepe Coin struggled near short-term resistance, Shiba Inu compressed within tight ranges, and Dogecoin attempted a recovery. Despite near-term weakness, these tokens continued to attract attention as potential holds during September’s consolidation phase.

Pepe Coin (PEPE)

Pepe Coin closed at 0.000001069, recording a marginal gain of 0.18%. However, the token traded under pressure below key averages. The 7-day, 25-day, and 99-day moving averages highlighted ongoing weakness in momentum.

                              Source: Binance

Bollinger Bands showed PEPE hugging the lower band, reinforcing persistent bearish sentiment. Trading volume spiked during selloffs, signaling strong distribution phases, yet activity slowed later, showing reduced immediate selling pressure. These conditions suggest consolidation rather than a fresh downtrend.

If support at 0.000001052 fails, PEPE risks deeper downside levels. It would take time to recover by reclaiming 0.000001100 to gain short term momentum. Any rebounds can occur due to oversold conditions, yet sellers have the current upper hand.

Shiba Inu (SHIB)

Shiba Inu was exchanging at 0.00001300, and it was a very stable currency with a change of 0.07. The price action was below the 7-day and 25-day average. The 99 day average was approaching 0.00001341 which served as strong opposition; it was limiting the upward movement.

                                   Source: Binance

The Bollinger Bands narrowed, keeping SHIB near the lower band at 0.00001295. This compression hinted at a potential decisive breakout ahead. Earlier strong volume spikes during declines confirmed selling strength, but volume flattening later showed reduced urgency from sellers.

Key support stood at 0.00001290. Failure here could expose SHIB to further downside risks, while breaking 0.00001320–0.00001340 would shift sentiment bullish. SHIB remains balanced between consolidation and the risk of additional losses.

Dogecoin (DOGE)

Dogecoin showed relative resilience, closing at 0.27932, marking a 0.32% increase. The token still faced resistance at the 99-day average of 0.28604. Momentum was mixed, but DOGE displayed stronger buying attempts compared to its peers.

                                   Source: Binance

Bollinger Bands widened earlier, then narrowed as price stabilized between 0.265–0.270 support. Heavy volume spikes accompanied declines, yet stronger buying activity emerged later. This reinforced DOGE’s relatively stronger demand base among memecoins.

If DOGE reclaims the 0.280–0.286 zone, it could extend gains toward 0.295. However, rejection would expose downside risk back toward 0.260 support. DOGE attempts recovery while broader sentiment across memecoins stays bearish.

Outlook

Pepe Coin risks further weakness unless it clears overhead resistance, while Shiba Inu compresses within a breakout setup. Dogecoin remains the strongest of the three, showing demand support and potential to extend gains.