DENT / TetherUSLong
DENT Token is reversing near its crucial Demand zone
Dent token has been consolidating near the crucial demand zone for more than 3-weeks and retested $0.0022 support multiple times.
The Stoch RSI is observing the overbought territory in terms of the daily price chart.
An immediate support area for DENT is $0.0022 and buyers are likely to face a retracement phase near $0.0032 (resistance level). Thus, the Stoch RSI is moving towards an overbought zone in the context of the daily price chart. Moreover, the Average Directional Index is indicating a weak bullish trend for the DENT token.
Bulls need to break Dent Token above a falling wedge pattern with colossal trading volume as soon as possible; otherwise, bears may push the crypto price below the demand zone.
Support level - $0.0022 and $0.00150
Resistance level - $0.0032 and $0.0050
The Stoch RSI is observing the overbought territory in terms of the daily price chart.
An immediate support area for DENT is $0.0022 and buyers are likely to face a retracement phase near $0.0032 (resistance level). Thus, the Stoch RSI is moving towards an overbought zone in the context of the daily price chart. Moreover, the Average Directional Index is indicating a weak bullish trend for the DENT token.
Bulls need to break Dent Token above a falling wedge pattern with colossal trading volume as soon as possible; otherwise, bears may push the crypto price below the demand zone.
Support level - $0.0022 and $0.00150
Resistance level - $0.0032 and $0.0050
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