$SENT Update: Massive Breakout or Overextended Peak?
($SENT) has just delivered an explosive move, shattering previous local resistance with a vertical price action candle that flipped the SuperTrend to bullish at $0.01699. However, the RSI(6) has surged into extreme overbought territory at 94.55, suggesting that while the trend is strong, a short-term cooling-off period or a retest of the breakout zone is likely imminent.
🎯 Trade Setup
EP (Entry): $0.01700 – $0.01780 (Looking for a retest of the SuperTrend flip)
TP (Targets)
TP1: $0.01850
TP2: $0.01920
TP3: $0.02000+
SL (Stop Loss): $0.01580
The $0.01836 level represents the current 24h high and immediate resistance; clearing this on high volume will open the doors for a parabolic extension. On the downside, the $0.01699 level is the crucial pivot point that must hold to keep the current bullish momentum intact.
Do you think ($SENT) has the legs to hit $0.02 tonight, or is this the perfect spot for a local top?
Watching this level closely.
#SENT #sentient #BreakoutAlert #altcoinseason #TechnicalAnalysis
