【$DENT Signal】Pullback to add longs + 1H level retest confirmation, main force clearly protecting the market

$DENT The 1H level has experienced a sharp rise yesterday and is currently in a healthy retracement and consolidation phase. The price found initial support around 0.000218, which coincides with the 4H EMA20 (0.0002) and the midpoint of yesterday’s large bullish candle breakout. Although the 4H RSI (73) is relatively high, the 1H RSI (55.67) has fallen from the high to neutral, preparing for another upward move. The key points are: negative funding rate (-0.0121%) + stable OI + firm price, which is a typical short squeeze or main force support structure, indicating that short covering pressure remains.

🎯Direction: Long (Long)

🎯Entry/Order: 0.000218 - 0.000215 (Reason: Retracement to 4H EMA20 support zone and the lower boundary of the previous 1H candlestick cluster)

🛑Stop Loss: 0.000204 (Reason: Break below yesterday’s 4H bullish candle start point and the key round number 0.0002, structure broken)

🚀Target 1: 0.000235 (Reason: Previous high resistance and 1H Fibonacci 0.618 retracement level)

🚀Target 2: 0.000250 (Reason: 4H previous high and psychological round number)

🛡Trade Management:

- Position suggestion: Light position (Reason: Intraday volatility is extremely high, risk must be strictly controlled)

- Execution strategy: When price reaches 0.000235, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.000218. If the price cannot hold above 0.000225 and falls below 0.000218 again, consider exiting early.

Deep logic: Market depth shows buy orders (Bids) are stacked much thicker than sell orders (Asks), with an imbalance of 18.63%. There are large buy orders supporting the 0.00021-0.00020 zone below, indicating strong defensive intent from the main force. The buy/sell ratio at 1H (Buy/Sell Ratio) remains around 0.51 during the retracement, not a one-sided sell-off. Coupled with the negative funding rate, this looks more like a “shakeout” targeting high-leverage shorts, preparing for a secondary rally.

View real-time market 👇 $DENT

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