After months of trading inside a descending structure, $SENT has finally broken above the trendline and reclaimed the $0.014–$0.015 support zone.
Now price is pushing toward the $0.020–$0.0211 resistance area, which is the key level I’m watching.
I wouldn’t chase the move here. The setup I’d want to see is a pullback that holds around $0.018–$0.019, followed by a clean breakout above $0.0211.
If that resistance flips into support, the next move could open the door toward the $0.025–$0.029 area shown on the chart.
Breakout is confirmed only when price proves it can hold the breakout.
Now price is pushing toward the $0.020–$0.0211 resistance area, which is the key level I’m watching.
I wouldn’t chase the move here. The setup I’d want to see is a pullback that holds around $0.018–$0.019, followed by a clean breakout above $0.0211.
If that resistance flips into support, the next move could open the door toward the $0.025–$0.029 area shown on the chart.
Breakout is confirmed only when price proves it can hold the breakout.
