$DENT Short Liquidation Alert.
A whopping $5.101K was liquidated at the key price level of $0.001561.
What Does It Mean.
This signals that short sellers (those betting on the price going down) were forced to close their positions as the price surged to $0.00159. This often happens when buyers gain momentum, pushing prices higher and triggering stop-losses or margin calls on shorts.
Key Levels to Watch:
Support Zone: If the bullish trend sustains, look for strong support at $0.00150.
Resistance Zone: The next critical resistance is around $0.00165–$0.00170. A breakout above this level could spark another rally.
Trading Opportunities:
For Bulls: Watch for pullbacks to enter near $0.00155, targeting $0.00165 and $0.00170.
For Bears: Monitor rejection near $0.00165; a reversal could lead back to $0.00150.
Why It’s Exciting.
Liquidation events often trigger rapid price movements. Keep an eye on $DENT as the volatility could create profitable opportunities for savvy traders.
Stay sharp and trade smart.
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