🚨 $DENT Demand absorbing selling pressure.
🟢 LONG $DENT
Entry: $0.000185 - $0.000190
SL: $0.000175
TP1: $0.000205 | TP2: $0.000225 | TP3: $0.000250
Analysis:
- EMA alignment remains bullish with price holding above the 20, 50, and 200 EMAs, confirming sustained trend momentum.
- Structure shows a healthy pullback to the 20 EMA support zone after the massive pump, with buyers stepping in to absorb selling pressure.
- This support level aligns with the previous breakout point, now acting as a higher timeframe demand zone for institutional accumulation.
- Statistical edge: Strong trending assets often see continuation after the first touch of the 20 EMA; current price offers a favorable risk-reward for trend resumption.
Invalidation: A 4-hour close below $0.000175.
Engagement Question: Trend shift — or pullback?