Almost at issue price many years ago
๐ง Chart Breakdown (1M - Long-Term View)
๐ป Price Action:
Current Price: 0.000616 USDT
Recent Drop: -14.44%
Trading near multi-year support zone around 0.000527
Stuck in a tight sideways range โ indicating accumulation, but no breakout yet.
๐ Indicators Insight:
๐ Bollinger Bands:
Bands are squeezed extremely tight โ sign of long-term volatility compression.
Historically, this is followed by major breakout (either up or down).
๐ก RSI (6):
RSI is at 35.19 โ nearing oversold territory.
No bullish divergence, but also no new lows โ which suggests possible bottoming.
๐ MACD:
MACD is flat and compressed, with weak momentum.
Needs a strong volume spike or external catalyst to ignite movement.
๐ Key Levels:
Level Description
0.000527 Major Support
0.000850 โ 0.00108 Short-Term Resistance
0.00179 โ 0.0022 Medium-Term Targets if breakout happens
โ๏ธ Trade Plan:
โ Long-Term Accumulation Zone (High Risk / High Reward):
Entry: 0.00060 โ 0.00065
Stop-loss: Close below 0.00050 (weekly/monthly close)
Target 1: 0.00085
Target 2: 0.00120
Target 3: 0.00179+
โ ๏ธ Note: Patience is key. This is not a short-term trade โ could take months.
๐ข Final Thoughts:
DENT is currently in deep accumulation on higher timeframes.
If BTC dominance weakens and micro-cap altcoins rally, DENT may give 3xโ5x upside.
Watch volume and monthly close for early signs of momentum return.
