TLDR
- Dogecoin slipped beneath $0.10, reaching $0.0909 on February 24, 2026
- Price action remains beneath the 100-hourly moving average with bearish resistance at $0.0958
- Critical resistance zones are positioned at $0.0958, $0.0975, and $0.10; key support at $0.0910 and $0.0880
- A cycle metric reveals DOGE has surpassed 1,100 historical days trading above current levels — an unprecedented occurrence
- Similar readings only appeared twice before: near the March 2020 bottom and October 2023 low, both preceding significant rallies
Dogecoin breached the $0.10 threshold on February 24, 2026, mirroring a wider cryptocurrency market downturn affecting Bitcoin and Ethereum alike.
The meme coin touched a session low of $0.0909 before mounting a modest rebound. Trading activity currently centers below $0.0950, with limited indications of an imminent trend reversal.
Price movement remains constrained beneath the 100-hourly simple moving average. Technical analysis reveals a bearish trend line on the hourly timeframe, establishing resistance at the $0.0958 level.
An attempted bounce carried prices marginally above $0.0925, though momentum faltered before reaching the 38.2% Fibonacci retracement derived from the recent decline spanning $0.0974 down to $0.0909.
Bullish momentum would require DOGE to establish a foothold above $0.0958, followed by $0.0975. Clearing $0.0975 would target the psychological $0.10 barrier and potentially extend toward $0.1020.
Conversely, sustained trading below $0.0958 points toward support zones at $0.0910 and $0.0880. Losing the $0.0880 level could accelerate declines toward $0.0832 or $0.0820.
Unprecedented Reading On Long-Term Cycle Metric
Despite near-term bearish technicals, a significant long-term indicator is capturing analyst attention.
Joao Wedson, founder of Alphractal, shared on X that Dogecoin has exceeded 1,100 on his “Number of Days Spent at a Profit” indicator — marking a historic first for the cryptocurrency.
This indicator tallies how many days throughout DOGE’s existence recorded prices above current levels. Elevated readings indicate the present price sits below a substantial portion of historical price action.
Prior to this milestone, DOGE only exceeded the 800-day mark on two occasions. Both instances coincided with significant market bottoms — specifically March 2020 and October 2023.
Historical Context: Previous Signals Preceded Major Bull Runs
Following the March 2020 market bottom, DOGE surged from approximately $0.0011 to nearly $0.76 by November 2021 — representing a staggering increase exceeding 65,000%.
After the October 2023 cycle low, Dogecoin appreciated roughly 750%, advancing from $0.0569 to $0.4846 through December 2024.
Wedson characterized the 1,100+ measurement as “a structural cycle metric, not just a short-term move.”
He positioned this reading as a regime-level data point that contextualizes current pricing within Dogecoin’s complete trading history.
As of February 24, DOGE remains under pressure below $0.0950 with bearish technical conditions persisting across shorter timeframes.
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