$SENT /USDT
Market shows recovery after a prolonged downtrend with a strong bounce from 0.0156 zone. Current structure indicates early reversal but still trading below higher timeframe resistance.
#market Structure
#Price formed a base around 0.0156 and initiated a bullish move
Currently trading above MA7 and MA25 but still below MA99
#Trend shifting from bearish to neutral bullish
Momentum Analysis
#RSI at 65 showing increasing bullish strength but not overbought
#Volume spike confirms buyer interest but follow through is moderate
Momentum is building but not fully confirmed
Key Levels
Resistance 0.01980 and 0.02030
Support 0.01750 and 0.01680
Trade Scenarios
Bullish Setup
Entry on pullback near 0.01750 to 0.01780
or breakout above 0.01980 with volume
Take Profit 0.02030
Take Profit 0.02150
Stop Loss 0.01680
Bearish Rejection
If price fails to hold 0.01750
Downside move toward 0.01680
Extended target 0.01560
Stop Loss 0.01880
Execution Plan
Avoid entering in the middle of range
Wait for pullback or confirmed breakout
Watch reaction near MA99 as major resistance
Conclusion
Market is in early reversal phase with bullish potential but still under key resistance
Confirmation is required before strong continuation
Best approach is patient entry with clear level reaction**
