$DENT is trading at $0.001267, marking an 8.57% increase in the last 24 hours. The price has tested the 24-hour high of $0.001294 and is maintaining bullish momentum, indicating a potential continuation of the uptrend.
Trade Setup
Long Setup:
Entry: Above $0.001300 (Breakout confirmation)
Stop Loss (SL): $0.001240
Take Profit 1 (TP1): $0.001350
Take Profit 2 (TP2): $0.001400
Short Setup:
Entry: Below $0.001240 (Breakdown confirmation)
Stop Loss (SL): $0.001280
Take Profit 1 (TP1): $0.001200
Take Profit 2 (TP2): $0.001150
Technical Outlook
$DENT is showing bullish momentum, but resistance at $0.001300 needs to be cleared for further upside. A breakout could propel the price toward $0.001400, while a failure to sustain above $0.001240 may lead to a pullback toward lower support levels.
Monitor the volume for confirmation and use tight stop-loss levels to manage risks effectively.
