$DENT

/USDT Technical Analysis & Trade Signal

Current Price: $0.001287 (up by 5.41% in 24 hours)

Technical Overview:

Trend: Bullish in the short-term (5.41% increase in 24h)

Support Levels:

Primary Support: $0.001189 (24h Low)

Secondary Support: $0.001220 (Bid support zone)

Resistance Levels:

First Resistance: $0.001292 (Current price close to resistance)

Key Resistance: $0.001287 (24h High)

Momentum Indicators:

The current price is near the 24h high, suggesting upward momentum in the market.

The price has been moving within a tight range between $0.001189 and $0.001287, signaling that bulls are in control but cautious of resistance near $0.001292.

Trade Signal:

Buy Entry: Around $0.001287–$0.001292 (assuming the momentum remains positive).

Stop Loss: Below $0.001189 (for protection against a breakdown).

Target Levels:

Target 1: $0.001350 (next minor resistance).

Target 2: $0.001400 (stronger resistance zone).

Target 3: $0.001450 (potential breakout zone).

Trade Momentum:

Bullish Momentum is strong as price holds near daily highs and shows potential for continuation towards $0.001350–$0.001400.

The price action is in an uptrend, but a breakthrough past $0.001292 would solidify further upward momentum.

Conclusion: Consider entering near $0.001287 and targeting $0.001350, $0.001400, or $0.001450 with a stop loss at $0.001189. Be cautious of resistance around $0.001292.

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