Dogecoin ETFs Struggle, DOGE Faces Breakdown Risk at $0.10 Support

Key Insights:

• Dogecoin ETFs have garnered little interest, and their net inflows have reduced by more than $6.67 million since their launch in September 2025.
• DOGE price is retaining vital support at 0.10, though momentum is weak and the risk of a breakdown is looming.
• The increasing network activity is an indication of possible future price expansion, although long-term demand in the spot markets will be required to recover.

Dogecoin (DOGE) exchange-traded funds (ETFs) are not of much interest to investors since they were launched in September 2025. By February 2026, total net inflows to these ETFs have been only 6.67 million, even though it has a market cap of over $16 billion. The Dogecoin price stands near the pivotal point at $0.10, and the question is whether DOGE can hold its ground or is it going to break down?

DOGE Price Slips Below Key $0.10 Support Level

At the time of writing, Dogecoin trades at approximately $0.0963. The price has fallen more than 20% over the past week. It recently broke below the psychological $0.10 level, which had previously served as reliable support.

Technical indicators indicate weak purchasing power. The Money Flow Index on the 4-hour chart stands at 54.4, indicating moderate inflows rather than aggressive accumulation. The Relative Strength Index is struggling to stay above 50, with the MACD near the zero line and shallow bars.

A descending resistance band near $0.12 continues to cap upside attempts. Repeated rejections at this zone suggest overhead supply remains heavy.

Elon Musk responded to questions about SpaceX accepting Dogecoin on February 2. He said a payment for a moon mission could happen next year. In past cycles, similar statements triggered sharp rallies.

The price this time made a slight movement. The dulled response points to altering market dynamics. Traders have become volume confirmation takers and not headline re-actors.

On-chain metrics indicate that the network is becoming more active, with active addresses growing by 36% in early February 2026 to more than 71,400, according to Santiment indicators. This was not a one spike surge upwards. The increased use of the network is a typical indicator of increased adoption. Nonetheless, price is yet to take off the on-chain improvement.

Analysts Watch $0.054 as Potential Long-Term DOGE Price Support

Dogecoin is moving towards a historical base zone as indicated by monthly charts. Analyst Ali Charts pointed out support at $0.054, which would be used to see whether the company would bounce back.

The token has been consolidated near current levels before past expansions. Trading characteristics of pressured volatility and downside deceleration indicate fatigued sellers.

The short-term resistance is between 0.135 and 0.150. Higher zones include $0.188, $0.215, $0.255, and $0.284. Buyers must reclaim $0.12 with convincing volume to shift the short-term structure.

Dogecoin has been consolidating within a long-term base zone near $0.10 since late 2025. While the price has not shown signs of a strong recovery, the growing network activity might signal that the coin is still bottoming out.

Analysts believe that, provided DOGE can hold $0.10 and, later, even restore the $0.12 resistance level, a turnaround might be imminent. But in case the price fails to recover out of this range, another low below $0.10 may soon come by.