DENT : Key Support in Play - Uptrend on the Horizon? 🤔
#DENT is at a critical juncture! The price dipped recently but found support within the key demand zone of $0.000880-$0.000950, holding firm against resistance levels. This support area is crucial - maintaining it bodes well for a continuation of the uptrend.
Bullish Scenario:
$DENT stays above current support: This is a positive sign, with the first major target being the dynamic resistance level. The price action there will be very important to watch.
#Bearish Scenario:🩸
Daily candle closes below support: This would invalidate the potential uptrend and suggest a price drop could be forthcoming.
What are your Thoughts on this❓