Dogecoin is again above the identical stage that triggered October’s panic crash, as per TradingView, the one which erased round $40 billion in derivatives liquidations and earned itself a “Black Friday” label.
This worth space had acted as a magnet for promoting stress for DOGE since This autumn, 2025. Now, with the value of the meme coin recovering above it, the general scenario switches from breakdown continuation to a doable rally. The following actual resistance looms at $0.12 for Dogecoin.
Is “Black Friday” for Dogecoin now a reduction alternative?
Dogecoin simply clawed again above a stage the market remembers, not as a result of it’s magical, however as a result of it is sort of a “scar” — seen on each chart. On the DOGE/USDT chart by TradingView, the value is buying and selling again above the October “Black Friday” dump marker close to $0.09504, with the newest prints sitting round $0.098 on Feb. 8.
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You will need to be aware that’s not a breakout, it’s a reclamation, and in a risk-off surroundings it acts like a actuality test for each late sellers and cautious dip consumers.
The following half is simple arithmetic for Dogecoin. Closing the week above $0.095 solely stops the bleeding if DOGE can construct acceptance above it. In any other case, it turns into a post-break retest the place sellers reload.
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Overhead, the chart provides a transparent ceiling zone within the low $0.10s, the place prior bounces stalled. Increased up, the extra concentrated provide sits close to $0.12-$0.13, the realm that repeatedly rejected the value by late January and early February.
The large headline stage from the each day remains to be far above at about $0.152, a previous pivot that defines how a lot harm the market took earlier than this bounce even began.
So long as DOGE stays above $0.095, the market can deal with the October dump retest as a accomplished occasion, not an lively risk. That’s the situation below which the “to the Moon” hype can return for the favored meme coin with out the chart instantly punishing it.