The chart for $SENT / USDT (perpetual futures on Binance) shows a massive -27.79% drop in the last 24 hours, with the price crashing from highs around 0.033+ down to 0.024414! This is a classic capitulation move — heavy red candles, broken supports, and extreme oversold conditions screaming potential reversal.
Key indicators flashing:
RSI(14) at ~17 (deeply oversold — historically a strong buy zone for bounces)
RSI(6) even lower at ~5.45 (super oversold momentum)
MACD bearish but histogram bars shrinking — divergence building, momentum fading on the downside
Bollinger Bands squeezed then expanded lower — price hugging the lower band
Stochastic (K9.48, D13.87, J~0.70) — oversold and curling up
Long/Short Ratio ~0.93 (balanced but leaning short), yet positions show more shorts accumulating — perfect setup for a squeeze
Volume spike on the dump, now drying up — exhaustion selling likely in play
This looks like a high-conviction LONG opportunity after brutal panic selling. Smart money often hunts stops here before the pump!
TRADE IDEA: LONG $SENT USDT NOW!
Entry: Around current levels ~0.0240–0.0244
Take Profit 1: 0.0285 (+18%)
Take Profit 2: 0.0320 (+32%)
Take Profit 3: 0.0360+ (full recovery zone)
Stop Loss: 0.0220 (below recent low — tight risk ~8-10%)
Risk-reward looks juicy — don't miss this potential bounce! DYOR, manage risk, pre-market volatility is wild — trade with caution ⚠️
Who's jumping in on this oversold gem? Drop 🔥 if you're longing!
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