๐ฅ$SENT testing major trendline support ๐ฅ
bounce or breakdown?โก
Eyes on 0.037 ๐
Price is currently sitting right on a rising trendline support around 0.037 โ this is a decision zone.
๐ After a sharp rejection near 0.048โ0.050, SENT dumped ~22% and is now consolidating.
๐ What Iโm watching:
โ Bullish scenario
Strong hold above 0.0365โ0.037
Bounce + volume confirmation
Targets:
๐ฏ 0.040
๐ฏ 0.043
๐ฏ 0.048
โ Bearish scenario
Clean break below trendline + hourly close under 0.036
Likely drop toward:
โ ๏ธ 0.032
โ ๏ธ 0.028
Worst case: ~0.024 liquidity zone
๐ง Trading idea (example only)
Aggressive longs only on confirmation bounce
Tight stop below 0.0355
Conservative traders wait for reclaim of 0.039
๐ This red line = ascending support.
๐ The marked zone below = high-probability liquidity if support fails.
