Always glad to see another twin-stick shooter, especially when it's taking after something as action-packed as SMASH TV. This seems promising but does have some parts to it that could use some polishing as right now it's a little clunky in general.
The HUD and text elements can be a bit buggy and misplaced, and the colors work against itself and makes things less readable since it's all so bright. Some of the items are a bit confusing and there's no way to tell what you picked up (for example, why is a shotgun not a shotgun but just a burst powerup?) Death is way too fast both in dying and reviving, leading to confusion (especially considering the previous feedback about color, which makes you lose your character easily). Dodge roll seems to be only for positioning, when a lot of games it is used for invincible frames to go through an attack; for this, it might be something to consider implementing.
Looking forward to see more from this; with a big more polish, new enemies and such, it could really go places, I think.