$SENT is attempting a short-term recovery after a drop from the 0.0350 high to the 0.0306 low. Price is now back near 0.0331, showing a bounce with rising volume โ but trend confirmation is still pending.
๐ Current Structure โข Overall trend = still weak on 1H (price trading near/under Supertrend ~0.0337)
โข Recent candles show higher lows โ early reversal attempt
โข Strong reaction from 0.0306 demand zone
โข Volume expanding on green candles = buyers stepping in
๐ Momentum RSI ~68 โ bullish momentum building but close to overbought zone. This often leads to either a breakout push or a short pullback before continuation.
๐งฑ Key Levels โข Resistance: 0.0337โ0.0342 (Supertrend + prior supply)
โข Major resistance: 0.0350
โข Supports: 0.0317 minor, 0.0306 strong base
๐ ๏ธ What Traders Can Do โ
Aggressive trade: Breakout entry only if 1H candle closes above 0.0342 with strong volume
โ
Safer trade: Wait for pullback toward 0.0317โ0.0320 and watch for support hold
โ
Trend confirmation: Needed above Supertrend + higher high break
โ Avoid chasing if price spikes into resistance without volume follow-through
โ ๏ธ Risk Note: This is a bounce inside a larger pullback unless resistance breaks. Use stop loss below support and size positions properly.
#SENT #CryptoAnalysis
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