$DENT The 1H level has formed a strong support zone between 0.000347-0.000355 after a sharp shakeout, with the price attempting to stabilize above the 1H EMA20 (0.0004). Although the 4H level is still oscillating at a high level, the negative funding rate is as high as -0.35% and open interest remains stable, indicating a strong expectation of a short squeeze rebound. The current price is close to a dense order book zone, and a direction will soon be chosen.
🎯Direction: Long (Long)
🎯Entry/Order: 0.000356 - 0.000360 (Gradually around the current price)
🛑Stop Loss: 0.000342 (Break below the 1H support low)
🚀Target 1: 0.000389 (Previous high resistance)
🚀Target 2: 0.000406 (Previous high on the 4H level)
🛡️Trading Management:
- Position Size Suggestion: Light (Reason: Intraday volatility is extremely high, strict risk control is needed)
- Execution Strategy: After the price reaches 0.000389 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.000356. If the price strongly breaks through 0.000389 with increased volume, hold the remaining position to aim for Target 2.
Deep Logic: Market logic suggests “price rising, combined with position volume judgment,” while open interest has remained stable over the past 24 hours. After a nearly 20% pullback from the high, the price stabilized, which looks more like main force support rather than retail selling. The 1H RSI (54.33) is in a healthy zone with room to rise. Order book depth shows heavy buy orders accumulated in the 0.000347-0.000355 zone (over 600 million coins), forming a solid support. The price holding up in a negative funding rate environment is a typical sign of a short squeeze ahead.
View real-time market 👇 $DENT
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【$DENT Signal】Short Squeeze Rebound + 1H Momentum Reversion
$DENT The 1H level has formed a strong support zone between 0.000347-0.000355 after a sharp shakeout, with the price attempting to stabilize above the 1H EMA20 (0.0004). Although the 4H level is still oscillating at a high level, the negative funding rate is as high as -0.35% and open interest remains stable, indicating a strong expectation of a short squeeze rebound. The current price is close to a dense order book zone, and a direction will soon be chosen.
🎯Direction: Long (Long)
🎯Entry/Order: 0.000356 - 0.000360 (Gradually around the current price)
🛑Stop Loss: 0.000342 (Break below the 1H support low)
🚀Target 1: 0.000389 (Previous high resistance)
🚀Target 2: 0.000406 (Previous high on the 4H level)
🛡️Trading Management:
- Position Size Suggestion: Light (Reason: Intraday volatility is extremely high, strict risk control is needed)
- Execution Strategy: After the price reaches 0.000389 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.000356. If the price strongly breaks through 0.000389 with increased volume, hold the remaining position to aim for Target 2.
Deep Logic: Market logic suggests “price rising, combined with position volume judgment,” while open interest has remained stable over the past 24 hours. After a nearly 20% pullback from the high, the price stabilized, which looks more like main force support rather than retail selling. The 1H RSI (54.33) is in a healthy zone with room to rise. Order book depth shows heavy buy orders accumulated in the 0.000347-0.000355 zone (over 600 million coins), forming a solid support. The price holding up in a negative funding rate environment is a typical sign of a short squeeze ahead.
View real-time market 👇 $DENT
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Follow me: Get more real-time analysis and insights on the crypto market!