Dogecoin has been consolidation, but there are indications that a possible reversal may be approaching. Investors should pay particular attention to three critical price levels as the asset tries to regain momentum. The $0.116 region where Dogecoin has encountered resistance in the past is the first critical level.

A break above this mark can indicate the beginning of a more forceful upward trend. Also a significant moving average that has been a hurdle for the asset in recent weeks is represented by the orange color at this level. More gains may be possible if DOGE can clearly break above $0.116.

Approximately $0.108, which has functioned as both support and resistance in the past few months, is the second level to keep an eye on. Because it marks the middle of Dogecoin's current trading range, this area is very important. The asset may move toward lower support if this level is not held, but a bounce from here would indicate that bullish momentum is increasing.

The psychological level of $0.100, finally, is still important. This round figure aligns with the chart's black 200-day moving average and serves as a significant psychological barrier. Dogecoin would show strong support and be able to avert further declines if it could maintain its position above $0.100.