$SNT /USDT Analysis
Current Price: $0.04897 (+7.89%)
24H High: $0.05398
24H Low: $0.04449
24H Volume:
SNT: 215.26M
USDT: 10.54M
Technical Indicators:
1. MACD:
MACD Line: 0.00005
Signal Line: 0.00019
The MACD is transitioning towards bullish momentum, as the MACD line is approaching the signal line.
2. Moving Averages (MA):
MA(5): 2,676,016
MA(10): 1,787,968
The shorter-term MA indicates rising momentum, signaling a potential continuation of the uptrend.
3. Volume:
Recent volume spikes indicate increased interest and activity, confirming the price movement.
Key Levels:
Resistance: $0.05285 (recent high)
Support: $0.04700 (recent low) and $0.04672 (short-term)
Trend Analysis:
The price is rebounding from a local low of $0.04700, with the MACD and volume showing early bullish signals.
The upward movement may face resistance near $0.05285.
Trading Strategy:
Bullish Case: If the price holds above $0.04850 and breaks $0.05285, it may rally toward $0.05400 or higher.
Bearish Case: A failure to sustain above $0.04800 could lead to a retest of the $0.04700 support zone.
Entry Point: Consider buying near $0.04800–$0.04850 for a potential upward continuation.
Stop Loss: Below $0.04650 to manage risk effectively.