DOGE Reclaims Trendline as SHIB Tests Daily Downtrend Floor

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As reported by Coindesk, Dogecoin rebounded sharply from a heavy-volume flush, reclaiming an ascending intraday trendline, while Shiba Inu broke key support before staging an aggressive intraday reversal. Dogecoin closed at $0.1641, with volume spiking to 613M during the support test. Shiba Inu fell to $0.000009045 before a V-shaped recovery on 32.34B hourly volume. Both tokens showed divergent behavior amid broader market weakness driven by AI-bubble concerns, Bitcoin ETF outflows, and tightening liquidity.

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