【$DENT Signal】Short Squeeze Relay, Sniping 1H Level Secondary Breakout

$DENT The 1H level has entered a strong consolidation phase after a massive rally, with the price tightly hugging above the EMA20_1h, refusing deep retracement. The 4H level has formed a clear upward trend, and the current negative funding rate is as high as -0.373%, combined with firm price action, indicating a strong expectation of a short squeeze. The current order book shows exceptionally thick buy orders in the 0.00022-0.00023 range, demonstrating the main force's intention to defend the price. This is a typical "price consolidation instead of decline" accumulation pattern, indicating an imminent directional choice.

🎯Direction: Long (Long)

🎯Entry/Orders: Enter in batches at the current price range of 0.000230 - 0.000233.

🛑Stop Loss: 0.000205 (break below the 1H previous low and EMA50_1h support, structure broken).

🚀Target 1: 0.000248 (previous high resistance, also the first target at the 4H level).

🚀Target 2: 0.000270 (extended target based on current ATR and volume measurements).

🛡️Trade Management:

- Position: From light to standard size. Hot Coin experiences high volatility; heavy positions are strictly prohibited.

- Execution Strategy: After the price reaches 0.000248 (Target 1), reduce position by 50%, and move the remaining stop loss up to the entry price of 0.000230 to lock in profits. If the price strongly breaks through 0.000248 and stabilizes, move the remaining stop loss to 0.000240 to aim for Target 2.

Depth Logic: Three consecutive volume-increasing bullish candles on the 4H chart establish the trend, with the latest candle being a high-level doji star, indicating strong consolidation. Although the RSI( is at 70.52), it is not overbought, leaving room for further upward movement. Most importantly, after an 85% surge, open interest (OI) remains stable rather than decreasing, indicating this is not just spot buying but continued futures capital involvement, suggesting the short squeeze may not be over. The order book shows over 2.5 billion buy orders stacked below at 0.00022, forming a strong support cushion.

Check real-time market 👇 $DENT

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