$SENT SENT made a strong move after breaking out from a long period of sideways trading. The price jumped significantly from the 0.022 to 0.023 range and reached a high close to 0.038, followed by a healthy pullback. Right now, the market is cooling off and trading around 0.032 to 0.033.
The 0.030 to 0.029 zone is the key support to watch. As long as the price stays above this area, the overall trend looks positive. Holding this support could lead to another attempt toward 0.035, and possibly a retest of 0.038 if momentum picks up.
On the downside, a clear break below 0.029 would weaken the setup. In that scenario, the price could drop back to 0.026, with stronger demand located near 0.023, where the breakout began. Overall, this seems like consolidation after a strong move. The trend is still positive, but the price needs time to stabilize. It's better to wait for confirmation than to chase big price movements.
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$SENT SENT made a strong move after breaking out from a long period of sideways trading. The price jumped significantly from the 0.022 to 0.023 range and reached a high close to 0.038, followed by a healthy pullback. Right now, the market is cooling off and trading around 0.032 to 0.033.
The 0.030 to 0.029 zone is the key support to watch. As long as the price stays above this area, the overall trend looks positive. Holding this support could lead to another attempt toward 0.035, and possibly a retest of 0.038 if momentum picks up.
On the downside, a clear break below 0.029 would weaken the setup. In that scenario, the price could drop back to 0.026, with stronger demand located near 0.023, where the breakout began. Overall, this seems like consolidation after a strong move. The trend is still positive, but the price needs time to stabilize. It's better to wait for confirmation than to chase big price movements.