#SENT is showing positive momentum, up more than 11.4%, and is currently trading around $0.02258.
📊 Technical analysis (15-minute timeframe):
The price saw a strong upward surge, reaching $0.02486, followed by a healthy correction.
The price has managed to stay above the MA(99) moving average at $0.02145, maintaining our positive outlook.
We are seeing the start of a rebound from the local low, with an attempt to break above the nearby MA(25) at $0.02286.
🎯 Key levels:
🔴 First resistance: $0.02286 - $0.02320
🔴 Second resistance (target): $0.02480
🟢 First support: $0.02220
🟢 Main support (stop-loss for a quick trade): $0.02140
💡 Trading scenario:
A break above $0.02286 and a close above it with a confirmation candle would provide additional momentum to target the previous high. We always recommend managing risk and sticking to your stop-loss.
#Crypto #BinanceSquare #SENT #TechnicalAnalysis #Trading $SENT
📊 Technical analysis (15-minute timeframe):
The price saw a strong upward surge, reaching $0.02486, followed by a healthy correction.
The price has managed to stay above the MA(99) moving average at $0.02145, maintaining our positive outlook.
We are seeing the start of a rebound from the local low, with an attempt to break above the nearby MA(25) at $0.02286.
🎯 Key levels:
🔴 First resistance: $0.02286 - $0.02320
🔴 Second resistance (target): $0.02480
🟢 First support: $0.02220
🟢 Main support (stop-loss for a quick trade): $0.02140
💡 Trading scenario:
A break above $0.02286 and a close above it with a confirmation candle would provide additional momentum to target the previous high. We always recommend managing risk and sticking to your stop-loss.
#Crypto #BinanceSquare #SENT #TechnicalAnalysis #Trading $SENT