Trend (Important) Overall structure is higher highs & higher lows → uptrend intact Price pulled back from 0.0002488 and is now consolidating This looks like a bullish pullback, not a trend reversal 📊 Moving Averages MA5 ≈ MA10 ≈ MA30 → price is compressing Price is hovering around all MAs ➡️ This usually precedes a volatility expansion (move coming) 📉 Volume Volume has decreased during pullback No heavy sell volume → no distribution signal 📉 MACD MACD just crossed upward Histogram turning green ➡️ Bullish momentum is rebuilding Key Levels You Should Watch 🟢 Support 0.0002290 – 0.0002300 (very strong) Breakdown below this = bullish idea invalid 🔴 Resistance 0.0002385 0.0002488 (recent high / main target) How traders usually play this setup ✅ Bullish scenario (most likely if support holds) Price holds above 0.000229 MACD continues upward Possible retest of 0.000238 → 0.000248 ➡️ This favors holding or waiting for confirmation buy, not selling into support ❌ Bearish scenario (less likely right now) Hourly close below 0.000229 Volume increases on red candles MACD flips back down ➡️ That would favor selling / exiting Clean Summary ❌ Not a sell zone (selling into support is risky) ⚠️ Buy only on confirmation, not blindly 📈 Trend bias: slightly bullish 🎯 Market is coiling for a move
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$DENT
Trend (Important)
Overall structure is higher highs & higher lows → uptrend intact
Price pulled back from 0.0002488 and is now consolidating
This looks like a bullish pullback, not a trend reversal
📊 Moving Averages
MA5 ≈ MA10 ≈ MA30 → price is compressing
Price is hovering around all MAs
➡️ This usually precedes a volatility expansion (move coming)
📉 Volume
Volume has decreased during pullback
No heavy sell volume → no distribution signal
📉 MACD
MACD just crossed upward
Histogram turning green
➡️ Bullish momentum is rebuilding
Key Levels You Should Watch
🟢 Support
0.0002290 – 0.0002300 (very strong)
Breakdown below this = bullish idea invalid
🔴 Resistance
0.0002385
0.0002488 (recent high / main target)
How traders usually play this setup
✅ Bullish scenario (most likely if support holds)
Price holds above 0.000229
MACD continues upward
Possible retest of 0.000238 → 0.000248
➡️ This favors holding or waiting for confirmation buy, not selling into support
❌ Bearish scenario (less likely right now)
Hourly close below 0.000229
Volume increases on red candles
MACD flips back down
➡️ That would favor selling / exiting
Clean Summary
❌ Not a sell zone (selling into support is risky)
⚠️ Buy only on confirmation, not blindly
📈 Trend bias: slightly bullish
🎯 Market is coiling for a move