Dogecoin (DOGE) is currently staging a significant comeback, jumping +3.70% to reach $0.09681 after testing a critical "cycle reset" support zone. This pump is primarily a technical "relief rally" following the massive crypto market crash on February 5, 2026, which saw over $775 million in leveraged positions liquidated across the board. Technically, $DOGE has bounced perfectly off a multi-year macro demand band between $0.06 and $0.10, a level that has historically preceded parabolic runs of 600% to 17,000%. The current 4H chart shows a strong rejection of the $0.0800 psychological floor, with buyers aggressively stepping in to defend this long-term accumulation zone.
The fundamental strength behind this move is highlighted by a massive 36% surge in network activity, with active addresses rising above 71,400 in the past week. This spike in on-chain participation, combined with strategic "whale" accumulation patterns, suggests that large investors are viewing the recent dip to 2026 lows as a prime entry point. While the RSI(6) at 51.44 remains in the neutral zone, indicating room for more upside, traders should watch for a sustained breakout above the $0.1021 resistance level to confirm a trend reversal. However, caution is advised as the market remains sensitive to broader sentiment; a weekly close below $0.06 would invalidate this bullish "cycle reset" thesis.
