Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are consolidating in tight ranges after sharp selloffs, with no clear catalyst to break them out.

Dogecoin: Consolidating After Yesterday’s 7% Drop

DOGE is stuck between $0.1175 and $0.1287 after dropping 7% yesterday from $0.1260 to test support near $0.1175.

Buyers stepped in at that lower level and pushed the price back toward $0.1250. 

DOGE is now sitting just above the 0.5 Fibonacci retracement at $0.1232 and attempting to reclaim the 0.618 level near $0.1244.

The hourly RSI reads 56.20, showing neutral momentum with slight bullish bias after recovering from oversold conditions during yesterday’s selloff.

But the bigger picture looks worse. 

DOGE trades below all major moving averages: 20-day at $0.1294, 50-day at $0.1363, 100-day at $0.1513, and 200-day at $0.1720. 

That’s full bearish alignment after crashing from highs above $0.28 in September-October 2025.

Exchange Flows Show Minor Bullish Signal

On January 28, there was a net outflow of approximately $16.34 million from exchanges.

When coins move off exchanges, it typically means holders are moving assets to cold storage rather than preparing to sell—a mildly bullish signal.

However, the broader pattern over recent months shows mixed flows with no clear accumulation trend emerging. 

Key Levels For DOGE

• Resistance: $0.1244-$0.1250 (0.618 Fib) immediate ceiling. Breaking $0.1263 (0.786 Fib) then $0.1287 recent high would signal buyers taking control.
• Support: $0.1217 (0.382 Fib) has shown buying interest. Stronger support at $0.1200 then $0.1175 recent low. Breaking below opens the door to $0.10-$0.11.

Shiba Inu: Same Story, Tighter Range

SHIB is trapped between $0.00000769 and $0.00000787—an incredibly tight range showing complete indecision.

Like DOGE, SHIB trades below all key moving averages: 20-day at $0.00000800, 50-day at $0.00000818, 100-day at $0.00000880, and 200-day at $0.00001015. 

The Supertrend indicator confirms bearish momentum with resistance at $0.00000892.

Recent price action shows consolidation rather than aggressive selling, suggesting possible stabilization. But stabilization doesn’t mean reversal—it just means the bleeding has paused.

Key Levels For SHIB

• Resistance: $0.00000800 first barrier. Breaking $0.00000892 (Supertrend) would be the real signal momentum is shifting.
• Support: $0.00000754 immediate floor. Breaking this targets $0.00000650 or lower.

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