$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 — but trend confirmation is still pending.
🔎 Current Structure • Overall trend = still weak on 1H (price trading near/under Supertrend ~0.0337)
• Recent candles show higher lows — early reversal attempt
• Strong reaction from 0.0306 demand zone
• Volume expanding on green candles = buyers stepping in
📈 Momentum RSI ~68 → bullish momentum building but close to overbought zone. This often leads to either a breakout push or a short pullback before continuation.
🧱 Key Levels • Resistance: 0.0337–0.0342 (Supertrend + prior supply)
• Major resistance: 0.0350
• Supports: 0.0317 minor, 0.0306 strong base
🛠️ What Traders Can Do ✅ Aggressive trade: Breakout entry only if 1H candle closes above 0.0342 with strong volume
✅ Safer trade: Wait for pullback toward 0.0317–0.0320 and watch for support hold
✅ Trend confirmation: Needed above Supertrend + higher high break
❌ Avoid chasing if price spikes into resistance without volume follow-through
⚠️ Risk Note: This is a bounce inside a larger pullback unless resistance breaks. Use stop loss below support and size positions properly.
#SENT #CryptoAnalysis
#TradingPlan