$SENT is rallying back into a key supply zone where sellers could regain control and trigger the next downside move.
Trading Plan – Short $SENT
Entry: 0.0130 – 0.0140
SL: 0.0150
TP1: 0.0120
TP2: 0.0110
TP3: 0.0100
The recent recovery has brought price back into a strong resistance area that previously rejected buyers. Despite the bounce, the overall structure still favors the bears, with the move looking more like a corrective pullback than a trend reversal.
If buyers fail to establish acceptance above this supply zone, the probability of a rejection increases, opening the door for a move toward the liquidity resting below the recent swing lows.
Trade with proper risk management and wait for confirmation before entering.
DYOR (Do Your Own Research).
Trading Plan – Short $SENT
Entry: 0.0130 – 0.0140
SL: 0.0150
TP1: 0.0120
TP2: 0.0110
TP3: 0.0100
The recent recovery has brought price back into a strong resistance area that previously rejected buyers. Despite the bounce, the overall structure still favors the bears, with the move looking more like a corrective pullback than a trend reversal.
If buyers fail to establish acceptance above this supply zone, the probability of a rejection increases, opening the door for a move toward the liquidity resting below the recent swing lows.
Trade with proper risk management and wait for confirmation before entering.
DYOR (Do Your Own Research).