Dogecoin Attempts to Absorb Selling Pressure at the $0.09 Support Level

Dogecoin (DOGE) Current Statistics

The current price: $0.0939

Market Capitalization: $15.7 billion

Trading Volume: $1.10 billion

Major supply zones: $0.10, $0.11,, $0.12

Major demand zones: $0.085, $0.080, $0.075

Dogecoin (DOGE) Price Analysis—February 12, 2026

Following a pivotal bounce at the $0.08 support threshold last week, the market staged a significant recovery and is currently hovering around the $0.09 level. At this stage in the crypto signal, price action has entered a sideways range; demand is now evenly matched with supply, causing the market to consolidate.

As the sideways movement persists, it appears that bearish pressure is being absorbed within this zone. The strong support established at $0.08 suggests that the Dogecoin bulls are remaining resilient despite the broader avalanche of bearish sentiment. However, a breakdown below this zone would likely signal a continuation of the primary bear market.

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DOGE/USD Technical Indicators Outlook

The Bollinger Bandwidth, ranging from $0.0825 to $0.13, remains substantial, indicating that the market retains significant volatility. Despite this wide range, both the upper/lower bands and the 20-day Moving Average (MA) are trending downward. Price action is further confirming this bearish sentiment by maintaining its position consistently below the 20-day MA.

While a recent bounce occurred as traders stepped in near the $0.08 support level, the market is currently preoccupied with absorbing selling pressure at $0.09. Despite this brief respite, the prevailing technical indicators suggest that this recovery may lack the momentum necessary to shift the broader market trend to the upside.

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DOGE/USD – 4 Hour Chart

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