【$SENT Signal】Pullback to add longs + 1H strong consolidation, preparing for a second upward move

$SENT The 1H timeframe has experienced a violent surge of over 15% and is now in a strong consolidation at high levels. The price is building a support zone between 0.0245-0.0255, with the 1H EMA20 (0.0233) providing strong support. The 4H timeframe has broken out of the previous consolidation box, indicating a bullish trend. Under a negative fee rate environment (-0.0069%), open interest remains stable, suggesting that bears have not exited in large numbers and there is potential for short squeeze. Currently, it’s a typical “sharp rise - sideways consolidation - rise again” pattern; the pullback is an opportunity.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.0243 - 0.0245 ( Reason: 1H consolidation lower boundary + 1H EMA50 dynamic support )

🛑 Stop loss: 0.0238 ( Reason: Break below 1H consolidation platform, trend invalidated )

🚀 Target 1: 0.0259 ( Reason: Previous high resistance level )

🚀 Target 2: 0.0270 ( Reason: 4H wave 1.618 Fibonacci extension level )

🛡️ Trading management:

- Position suggestion: Light position ( Reason: After a surge, chasing high increases risk; focus on buying the dip during pullbacks )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks through 0.0259, consider aiming for Target 2 at 0.0270.

Deep logic: The 4H candlestick volume breakout indicates active buying. The 1H RSI (66.25) has pulled back from overbought territory, which is a healthy correction and not oversold, showing bullish momentum remains. The order book depth shows significant sell orders above 0.0245, a typical sign of major players absorbing supply. Once these sell orders are absorbed, the price will likely break upward quickly. The negative fee rate acts as potential fuel; if the price surges again, it could trigger a short squeeze.

Check real-time market 👇 $SENT

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