【$DENT Signal】Short squeeze continues, 1H pullback confirmation followed by breakout attempt

$DENT On the 1H timeframe, after a significant rally, the price is consolidating strongly at high levels, staying close above EMA20_1h (0.0002), refusing deep retracement. The 4H timeframe has formed a clear upward trend, with consecutive large bullish candles breaking through the long-term consolidation zone, showing strong momentum. Currently, the negative funding rate is as high as -0.4266%, and the price remains firm with stable open interest, indicating a classic short squeeze structure. Shorts are paying high costs, and any pullback could trigger a new round of short squeeze upward movement.

🎯Direction: Long (Long)

🎯Entry/Order: 0.000225 - 0.000228 (Enter near the current price directly, or wait for the 1H candle to close above 0.000228 before adding)

🛑Stop Loss: 0.000205 (Place below the recent 1H consolidation low and EMA50_1h)

🚀Target 1: 0.000250 (Previous high resistance area)

🚀Target 2: 0.000280 (Based on a 1:1.5 measured move from the breakout structure)

🛡Trade Management:

- Position: From light to standard size. Due to high volatility, ensure risk per trade is controlled at 1-2% of total capital.

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks above 0.000250 and stabilizes, move the remaining stop loss to 0.000235 to aim for Target 2.

(Depth Logic: The 4H volume shows a stepwise increase, indicating continuous institutional involvement. Although the 1H RSI (70.57) is high, it has not entered extreme overbought territory, leaving room for further upside in a short squeeze scenario. The order book shows exceptionally thick buy-side depth (0.000217-0.000227), providing strong immediate support. Combined with the negative funding rate and rising price, this is textbook short squeeze signal—pullbacks are opportunities.)

View real-time market 👇 $DENT

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #比特币反弹