🔥$DENT /USDT: Potential Reversal or Breakdown – Key Levels to Watch! 📉📈
$DENT is currently trading at $0.001155, down 11.36% in the past 24 hours, with significant volatility. The price is nearing critical support levels, which could lead to either a bounce or further decline depending on market momentum.
Key Levels to Watch:
Entry Point: $0.001150–$0.001160
Target 1: $0.001300 (First Resistance Level)
Target 2: $0.001400 (Higher Resistance)
Stop Loss: $0.001100 (Support Level)
Trading Strategy:
Range Traders: Consider entering near $0.001150–$0.001160 with targets of $0.001300 and $0.001400.
Breakdown Traders: If the price falls below $0.001100, there could be more downside potential, targeting $0.001000 or lower.
Market Outlook:
$DENT has experienced strong volume activity with a 24h volume of 5.29M USDT, and is currently testing key support at $0.001100. A bounce from here could set up a potential reversal, while a break below this level might indicate further bearish pressure.
🔔 Watch closely for price action near $0.001150 for possible confirmation of trend direction.
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