Summary
1-Opportunity (Positive): Short-term momentum recovery
2- Risks (Moderate): Decline in short-term liquidity
3. Action (Upward): Selective Buy Point
🎯 Opportunity (📈 Positive)
Improved technical momentum and buying interest: The DENT market is showing signs of stabilization after a correction period, supported by increased liquidity in recent hours and a rise in long positions. The strong rebound in Bitcoin and Ethereum is also boosting overall market sentiment, which is having a positive impact on smaller-cap cryptocurrencies like DENT.
The news aspect (📈 positive):
The encouraging macro environment: The Federal Reserve concluded its tightening policy, boosting market liquidity and increasing risk appetite for digital assets, including DENT.
The impact of leading currencies: Bitcoin's rise above $92,000 and Ethereum's rise to $3,000 have increased overall optimism, prompting investors to expand their portfolios to include smaller currencies such as DENT.
Institutional support: The entry of institutions like Vanguard into Bitcoin funds is fueling a wave of confidence in the market, creating a favorable environment for the growth of communications-sector coins like DENT, which are benefiting from the expansion of the decentralized communications market.
Technical aspect (📈 positive):
Long positions outweigh short positions: The ratio of long to short positions is approximately 4.9 times, including elite accounts where the ratio exceeds 20 times, indicating increasing confidence in the upward trend.
KDJ daily indicators improved: The K index gradually rose from 25 to 66, indicating the beginning of a balance between supply and demand and entering the recovery zone.
Active liquidity: Data recorded during the past hours showed a significant increase in the volume of active buying, with the purchase-to-sell ratio reaching more than 6 times in certain periods, which supports the scenario of a rebound towards higher levels.
🚨 Risks (🤔 Moderate):
Potential short-term selling pressure: Despite the technical improvement, DENT saw a daily decline of -8.42%, and the negative rate of money flows indicates the possibility of a correction.
Weekly liquidity decline: The previous day saw an outflow of approximately $445,000, reflecting the potential for fluctuations in institutional demand support.
Potential trend deviation: The absence of clear MACD and RSI signals on short timeframes means that the price may experience fluctuations without accurate signals to establish a confirmed bottom.
Overall assessment:
1. Negative money flow: Despite intermittent inflows of funds, the overall trend still shows a loss of continuous purchasing momentum.
2. Uncertain Rebound: Improvement in KDJ indicators is not accompanied by strong support from moving averages, which calls for caution when entering.
3. Dominance of long peaks: Large, long positions may put pressure if you decide to correct for sudden short-term profit-taking.
⚡ Action (📈 Upward)
Selective buying point: The short-term trend is technically upward after recent losses, and a rebound wave is expected to start from low levels supported by the momentum of major markets such as Bitcoin and Ethereum, so low points can be used for gradual entry, taking into account the average level of risk.
$0.00025
Ascending
Short-term plan: Buy (📈)
Entry point: 0.00024 USDT, representing 10% of the wallet.
Stop loss: 0.00022 USDT
Profit taken: 0.00029 USDT
Medium to long-term plan: Buy (📈)
Entry point: 0.00025 USDT at 10% of the portfolio
Stop loss: 0.00021 USDT
Profit taken: 0.00035 USDT
