Memecoins Search For a Floor; Sell Pressure Lingers

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Dogecoin, Shiba Inu (SHIB) and PEPE are showing early signs of stabilization, but none has yet shaken the selling pressure that has defined their recent trading. Buyers have begun testing key levels across the sector, creating a fragile setup for a rebound rather than a decisive trend reversal.

Dogecoin (DOGE) has moved into what market watchers describe as an accumulation zone near $0.0800. Holding that level could open a move toward roughly $0.08683, though the prospect depends on buyers absorbing supply that has continued to cap upside attempts.

PEPE whale movement adds another variable

PEPE attracted added attention after a transfer involving 7.2 trillion tokens raised speculation around large-holder positioning. The move came as spot-market outflows improved, a pattern that can reduce immediately available sell-side liquidity when tokens leave exchanges.

Those signals have supported a recovery case, but the token still faces resistance near $0.0000050. A sustained break above that area would offer a clearer test of whether whale activity reflects accumulation or merely a reshuffling of holdings.

Shiba Inu’s holder growth has not changed the price picture

Shiba Inu (SHIB) added about 150,000 holders, underscoring that retail interest has not disappeared from the meme-token market. Yet the expanding holder base has not translated into a clean recovery, with persistent selling leaving SHIB exposed around important support levels.