$DENT The 1H level has experienced a deep correction, forming a double bottom around 0.000355 and strongly rebounding. The current price has already broken above the 1H EMA20, indicating momentum regression. Although the 4H level is consolidating at a high level after a sharp rise, the negative funding rate (-0.0319%), along with steadily increasing open interest (OI Stable) and firm price action, forms a strong short squeeze signal. The main force is clearly protecting the market. The order book depth is substantial, with an imbalance of 1.10%, favorable for an upward breakout.
🎯Direction: Long (Long)
🎯Entry/Order: 0.000365 - 0.000370 (Near current price in batches)
🛑Stop loss: 0.000340 (Break below previous low and 1H structure)
🚀Target 1: 0.000400 (Previous high resistance, first take-profit level)
🚀Target 2: 0.000430 (Break through previous high, aiming for the 4H previous high)
🛡️Trade management:
- Position suggestion: Light position (Reason: Intraday volatility is extremely high, risk and reward coexist)
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss up to the entry price of 0.000370. Hold the remaining position to aim for Target 2. If the price retraces and breaks below the moving stop loss, exit all positions.
Deep logic: In the past 4 hours, the price violently rebounded from 0.000328, showing strong buying pressure below. The 1H RSI (63.43) is in a healthy upward zone, with room for further upside. In a negative funding rate environment, open interest remains stable, indicating that short positions are under pressure. Any upward price movement could trigger a short squeeze. The market logic suggests combining price increase with open interest analysis; current data favors main force entering to protect the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$DENT Signal】Short squeeze rebound + 1H level momentum regression
$DENT The 1H level has experienced a deep correction, forming a double bottom around 0.000355 and strongly rebounding. The current price has already broken above the 1H EMA20, indicating momentum regression. Although the 4H level is consolidating at a high level after a sharp rise, the negative funding rate (-0.0319%), along with steadily increasing open interest (OI Stable) and firm price action, forms a strong short squeeze signal. The main force is clearly protecting the market. The order book depth is substantial, with an imbalance of 1.10%, favorable for an upward breakout.
🎯Direction: Long (Long)
🎯Entry/Order: 0.000365 - 0.000370 (Near current price in batches)
🛑Stop loss: 0.000340 (Break below previous low and 1H structure)
🚀Target 1: 0.000400 (Previous high resistance, first take-profit level)
🚀Target 2: 0.000430 (Break through previous high, aiming for the 4H previous high)
🛡️Trade management:
- Position suggestion: Light position (Reason: Intraday volatility is extremely high, risk and reward coexist)
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss up to the entry price of 0.000370. Hold the remaining position to aim for Target 2. If the price retraces and breaks below the moving stop loss, exit all positions.
Deep logic: In the past 4 hours, the price violently rebounded from 0.000328, showing strong buying pressure below. The 1H RSI (63.43) is in a healthy upward zone, with room for further upside. In a negative funding rate environment, open interest remains stable, indicating that short positions are under pressure. Any upward price movement could trigger a short squeeze. The market logic suggests combining price increase with open interest analysis; current data favors main force entering to protect the market.
View real-time quotes 👇 $DENT
---
Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL