Dreams involving transformations, such as a friend turning into a cobra, can symbolize feelings of betrayal or fear of change in a relationship. The cobra itself often represents hidden dangers or a threat that may not be immediately apparent.

The act of hugging your friend suggests a desire for closeness or support, but the sudden transformation and bite could indicate feelings of vulnerability or being hurt by someone you trust. It may also reflect your subconscious concerns about a particular friendship or relationship in your waking life.

Consider reflecting on your current relationships and whether there are any underlying issues or feelings of distrust. This dream could be an invitation to address those feelings or to be more cautious about whom you allow into your inner circle.