$DENT 1H level enters a flag consolidation after an 85% surge, with the price strongly ranging between 0.000225-0.000235, refusing a deep correction. The 4H level shows a massive breakout from the long-term consolidation zone, indicating a trend reversal. Currently, the negative funding rate is as high as -0.94%, and open interest remains stable. This is a typical short squeeze market, with bears still struggling to support, and any pullback fueling the bulls.

🎯Direction: Long (Long)

🎯Entry/Order: Enter near the current price of 0.000228 or chase after breaking through 0.000235

🛑Stop Loss: 0.000215 (Based on the 1H consolidation platform lower boundary and ATR)

🚀Target 1: 0.000255 (Resistance near previous high)

🚀Target 2: 0.000280 (Fibonacci extension level 1.618 on the 4H chart)

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Massive daily increase, extremely high volatility)

- Execution strategy: After entering, if the price quickly surges to Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price successfully breaks through 0.000255, aim the remaining position at 0.000280.

Deep logic: Market depth shows buy orders far exceeding sell orders (Depth imbalance of 12.52%), with obvious large order support. The 1H RSI(74) is healthy, not in extreme overbought territory, leaving room for further upside. Most importantly, despite such a huge increase, open interest remains stable rather than decreasing, indicating this is not purely retail FOMO but supported by main capital and possibly continuing the short squeeze. Market logic suggests “price rising, combined with open interest analysis,” current data points to “main force entering” or “shorts being squeezed,” both supporting the bulls.

View real-time market 👇 $DENT

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