Meme season is upon us! Let's find out which memecoins should be in your bag this week! By CMCAlexandria Author: youngcryptowolf Editor: YousraAASheikh DOGE SHIB FLOKI CATE SAITAMA BABYDOGE
setting up for their next move. Since then, the market has printed a new local top. This week's price action is now looking to confirm this breakout zone for support., we will be taking a deep look at our favorite memecoins: DOGE, SHIB, BABYDOGE, CATE, FLOKI, and SAITAMA in the 4-hour time frame.Looking at the 4-hour time frame, we can see that DOGE has printed a new local top at $0.1711. However, since then DOGE has been creating lower lows.
A 4-hour close below 2280 will push the token to a lower low. However, if there is a 4-hour break above our new area of interest, expect SHIB to make a push towards 2500.Looking at the 4-hour time frame, we can see the trend remains in favor of the bears. Has BABYDOGE found a short-term support? How long will this level holdr?has flipped support into resistance. We have recently created a new lower. However, there are signs that bulls are stepping in.
Taking a closer look at our most recent price action, we can see SAITAMA has printed a new April low.A 4-hour close above the most recent lower high is a good start. However, if there is a 4-hour close below the new April low, expect another lower low.If you are one of those who skipped to the bottom to save some time, here is a summary of the above:● SHIB is trying to confirm the support.● CATE must hold the current support to avoid falling to deeper levels.
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