Dogecoin (DOGE) is consolidating near the crucial $0.10 support level, following a significant decline from its December highs of $0.30. The recent liquidity sweep may indicate an accumulation phase, as weaker positions have been cleared. Analysts, including BitGuru, suggest that this base could be pivotal for a potential trend reversal. The meme coin's prolonged downtrend has pushed it into oversold territory, but the current stabilization at the $0.10 support zone is being closely monitored by traders. If this level holds, it could signal a shift in market behavior, potentially leading to a recovery phase. However, failure to maintain this support could undermine the bullish outlook.