DENT/USDT – Major Accumulation Phase at Critical Support!Main Structure
On the weekly timeframe, DENT/USDT shows a prolonged bearish trend since 2021, followed by a long sideways accumulation phase from 2022 until today. Price is now sitting again at the critical historical support zone (0.00042 – 0.00063), a key “basement” level where buyers have repeatedly stepped in.
Key resistance levels:
0.00097 → first pivot resistance
0.00150 → psychological resistance, early trend confirmation
0.00194 → major validation of bullish reversal
0.00374 – 0.00466 → strong historical resistance, mid-term target
0.00734 – 0.01716 → long-term reversal targets
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📈 Bullish Scenario
1. Rebound from Basement Support
Holding above 0.00042 – 0.00063 would confirm an accumulation / double bottom structure.
A weekly close above 0.00097 with strong volume would be the first bullish confirmation.
2. Upside Targets
Target 1: 0.00150 (+100% from current price)
Target 2: 0.00194
If momentum sustains, the move could extend to 0.0037 – 0.0046
3. Additional Confirmation
Look for volume spikes on breakout.
Watch RSI for potential bullish divergence on new lows.
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📉 Bearish Scenario
1. Breakdown of Key Support
A weekly close below 0.00042 would invalidate the 2-year accumulation base.
This could trigger new lower lows and potentially a capitulation phase.
2. Bearish Consequences
Longs near the basement may face large stop-loss triggers.
Market could enter a deeper consolidation or distribution zone.
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🔍 Price Structure & Pattern
Range-bound Accumulation: DENT has moved sideways for almost 3 years, forming a potential base.
Lower Highs: Macro structure remains bearish until a weekly higher high above 0.00194 is confirmed.
Critical Zone: The 0.00042 – 0.00063 range is the “life support” for bulls. A breakdown would flip sentiment to strongly bearish.
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🎯 Conclusion
DENT is at a make-or-break level:
Bullish case: Holding the basement support could trigger a strong rebound, especially above 0.00097, with targets toward 0.00150 and 0.00194.
Bearish case: A breakdown below 0.00042 ends the multi-year accumulation and risks deeper lows.
For traders, risk management is essential:
Aggressive entries can be taken near support with tight stops.
Conservative traders may wait for confirmation above 0.00097 or 0.00150.
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