Dogecoin Must Hold $0.10 to Stay Alive… “If It Holds, It Could Rise Another 40%”

▲ Dogecoin (DOGE)

Dogecoin (DOGE) is locked in a battle around the psychological threshold of $0.10, and whether it can secure a foothold at this level is expected to become a critical turning point determining either an explosive rebound or further decline.

According to cryptocurrency-focused media outlet U.Today on February 14 (local time), Dogecoin is struggling to maintain the $0.10 level, which market participants consider crucial. After months of decline, it continues to trade below major moving averages, indicating that the broader trend remains clearly bearish. However, following a recent wave of sharp selling, candle ranges have narrowed and signs of price stabilization are emerging around the $0.10 area.

Aggressive selling pressure is gradually easing, while buying interest attempting to defend this price zone is cautiously flowing in. Psychologically, $0.10 is perceived as a key boundary as it changes the decimal place. A return to a higher price bracket symbolizes restored market confidence and can serve as a powerful catalyst for attracting new capital that had been sitting on the sidelines.

If Dogecoin decisively breaks above $0.10 and successfully establishes support, it is likely to recover toward the next resistance zone between $0.12 and $0.14. However, the current structure remains vulnerable to false breakouts due to low liquidity and broader volatility in the digital asset market. Short-term spikes or short squeezes that occur without sufficient trading volume carry a high risk of fading quickly.

The market is currently in a process of determining whether Dogecoin will enter another leg down or establish a base at current levels. Investors should avoid rushing into breakout trades until price stability above key resistance levels is confirmed and should prepare for heightened volatility. The upcoming trading sessions are expected to determine whether Dogecoin begins a meaningful recovery or continues to move sideways near support.

The battle around Dogecoin’s $0.10 level has become a litmus test for market confidence, and the outcome is likely to determine the scale of new capital inflows. Price action forming near support reflects accumulation intentions by major players, and what is needed now is the emergence of genuine buying demand rather than purely speculative interest.

Disclaimer: This article is for investment reference only and the publisher is not responsible for any investment losses arising from its use. The content should be interpreted solely for informational purposes.