【$DENT Signal】Pullback to Long + 1H Level Support Confirmation, Second Push Strategy

$DENT After experiencing a 27% violent surge yesterday, the 1H level is currently in a healthy retracement phase with decreasing volume. The price found initial support around 0.000268, and the 1-hour RSI has fallen back from the overbought zone to 57, indicating momentum recovery. On the 4H chart, the massive bullish candle yesterday established short-term strength, and the current pullback to the EMA20 moving average is a typical bullish consolidation pattern. Open interest remains stable without panic selling, suggesting that the main force is still active in the market.

🎯Direction: Long

⚡Entry/Order: 0.000261 - 0.000267

🛑Stop Loss: 0.000196

🚀Target 1: 0.000408

🚀Target 2: 0.000479

🛡️Trade Management:

- Execution Strategy: Use phased profit-taking. When the price reaches the first target of 0.000408, reduce the position by 50%, and move the stop loss of the remaining position to the entry price. If the price strongly breaks through the first target, hold the remaining position towards the second target.

(Depth Logic: The order book shows exceptionally thick buy orders in the 0.000261-0.000257 range, forming a strong support. The 1-hour chart shows the price retracing to the EMA20, and RSI forming a bullish divergence pattern, which is a classic short-term buy signal. The negative funding rate is as high as -0.155%, indicating potential short squeeze. If the price stabilizes and rebounds, short covering will further boost the rally. )

View real-time market 👇 $DENT

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate2月透明度报告