TLDR
- DOGE price slipped beneath the $0.10 threshold, reaching a low point of $0.0909 on February 24, 2026
- The meme coin is currently positioned below its 100-hourly moving average with bearish momentum and resistance at $0.0958
- Critical resistance zones are positioned at $0.0958, $0.0975, and $0.10; key support sits at $0.0910 and $0.0880
- An emerging cycle metric indicates DOGE has accumulated over 1,100 historical days trading above today’s price level — an unprecedented occurrence
- This indicator previously reached similar extremes only twice: during the March 2020 crash and October 2023 bottom, both preceding explosive rallies
Dogecoin breached the critical $0.10 psychological level on February 24, 2026, caught in a widespread cryptocurrency market selloff that impacted Bitcoin and Ethereum alongside other major digital assets.
The popular meme cryptocurrency touched an intraday low of $0.0909 before mounting a modest bounce. Trading activity remains concentrated below the $0.0950 level, with no definitive signs of trend reversal emerging.
Price action shows DOGE positioned beneath its 100-hourly simple moving average. Technical analysis reveals a descending trend line on the hourly timeframe, creating resistance near the $0.0958 level.
Buyers attempted to reclaim momentum with a push above $0.0925, though this effort stalled below the 38.2% Fibonacci retracement calculated from the recent decline between $0.0974 and $0.0909.
For bullish momentum to materialize, DOGE must establish a close above the $0.0958 resistance, followed by a breakthrough above $0.0975. Clearing $0.0975 would likely expose the $0.10 round number, with potential extension toward $0.1020.
Should price action remain capped below $0.0958, the immediate support zones to monitor are $0.0910 and $0.0880. A decisive break beneath $0.0880 could accelerate downside movement toward $0.0832 or potentially $0.0820.
Cycle Indicator Hits Uncharted Territory
Despite bearish near-term technicals, a significant long-term indicator has captured the attention of market analysts.
Joao Wedson, founder of Alphractal, revealed on X that Dogecoin has surpassed the 1,100 mark on his proprietary “Number of Days Spent at a Profit” indicator — marking an unprecedented milestone in the cryptocurrency’s entire trading history.
This analytical tool calculates the total number of historical days where DOGE traded at prices exceeding current levels. Elevated readings suggest today’s valuation sits below a substantial portion of the asset’s historical price distribution.
Prior to this exceptional reading, DOGE had only exceeded the 800-day threshold on two occasions. Both instances occurred at significant cyclical bottoms — specifically during the March 2020 market crash and the October 2023 correction.
What Happened After Those Previous Lows
Following the March 2020 market floor, DOGE embarked on a historic bull run from approximately $0.0011 to a peak near $0.76 by November 2021 — representing an extraordinary gain exceeding 65,000%.
After establishing the October 2023 cycle low, DOGE generated approximately 750% returns, surging from $0.0569 to reach $0.4846 by December 2024.
Wedson characterized the 1,100+ reading as “a structural cycle metric, not just a short-term move.”
He positioned this development as a regime-level indicator that contextualizes current valuation relative to Dogecoin’s complete price history.
As of February 24, DOGE remains under pressure below $0.0950 with bearish technical structure persisting on shorter timeframes.
