Dogecoin reclaimed the critical $0.095 level that triggered October’s Black Friday collapse, turning a major dump zone into potential support as short pressure builds near $0.10. This price area had acted as a magnet for selling pressure for DOGE since Q4, 2025. Now, with the price recovering above it, the overall situation shifts from breakdown continuation to a possible rally. The price is trading back above the marker near $0.09504, with the latest prints around $0.098 on Feb. 8.
It is important to note that this is not a breakout, it is a reclamation, and in a risk-off environment it acts like a reality check for both late sellers and cautious dip buyers. Overhead, the chart shows a clear ceiling zone in the low $0.10s, where prior bounces stalled. Higher up, the more concentrated supply sits near $0.12-$0.13, the area that repeatedly rejected the price through late January and early February. The big headline level from the daily remains far above at about $0.152, a prior pivot that defined how much damage the market took before this bounce began.
As long as DOGE stays above $0.095, the market can treat the October dump retest as a completed event, not an active threat. Closing the week above $0.095 only stops the bleeding if DOGE can build acceptance above it. Dogecoin just clawed back above a level the market remembers, not because it is magical, but because it is like a scar visible on every chart.
Leave a Reply