<ul data-eligibleForWebStory="true">Dogecoin's daily chart suggests a potential turnaround after a prolonged downtrend.Bullish divergence patterns are evident, indicating buyers may be gaining control.Previous bullish divergences have led to significant price increases in the past.The current structure shows Dogecoin retracing within a descending channel.Key support levels lie around $0.163, $0.142, and $0.139, presenting challenges for bulls.To shift momentum, Dogecoin needs to surpass resistance levels around $0.1826 and $0.172.Further hurdles at $0.247, $0.292, $0.338, and $0.3939 may be encountered on an upward trajectory.Volume is decreasing as price nears support, while the RSI shows signs of improvement.A daily close below the multi-year trendline could invalidate the bullish divergence setup.Downside targets could be the $0.135-$0.13 range and potentially $0.10 in the worst case.