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DOGE, SHIB Rally 3%—And Here’s Why That Should Terrify Bulls

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) rallied 3% on Monday but both remain below all major moving averages after 60% crashes from 2024 peaks.

DOGE: Dead Cat Bounce Or Real Reversal?

Dogecoin is up 3% today, but the rally looks like a technical bounce in a brutal downtrend.

After reaching highs around $0.30-$0.32 in September 2025, DOGE has crashed approximately 60% to current levels. 

The price is trading below all major EMAs in complete bearish alignment:

20 EMA: $0.13040

50 EMA: $0.13728

100 EMA: $0.15236

200 EMA: $0.17296

Moreover, bollinger bands show DOGE trading near the lower band at $0.11616, suggesting the asset may be oversold in the short term. 

But…

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