$DENT reclaims $0.000045 by Friday or this breakdown was real.
RSI at 23 on the 4h. That's capitulation zone. Volume's dead at 0.1x the 20d average which means nobody's even watching this thing bleed out.
Down 36% today but here's the thing , we're 81% off the 30d high and sitting 2% up from the absolute floor of the range. This is where reversals print or bags get heavy.
Price is under both the 20 and 50 day. Bearish stack. But oversold doesn't care about your moving averages when it snaps.
I'm watching $0.000042 as the first test. Break and hold that, we get momentum back. Fail and we're retesting lows into the weekend.
Not adding yet. Waiting for one 4h close above $0.000041 with actual volume behind it. š
What's your line in the sand here? š
#DENT #Binance #Web3
RSI at 23 on the 4h. That's capitulation zone. Volume's dead at 0.1x the 20d average which means nobody's even watching this thing bleed out.
Down 36% today but here's the thing , we're 81% off the 30d high and sitting 2% up from the absolute floor of the range. This is where reversals print or bags get heavy.
Price is under both the 20 and 50 day. Bearish stack. But oversold doesn't care about your moving averages when it snaps.
I'm watching $0.000042 as the first test. Break and hold that, we get momentum back. Fail and we're retesting lows into the weekend.
Not adding yet. Waiting for one 4h close above $0.000041 with actual volume behind it. š
What's your line in the sand here? š
#DENT #Binance #Web3