📉 $SENT PROTOCOL: THE BULL TRAP IS SET! 📉 (Short)
ENTRY: 0.02355 – 0.02430 🎯
SL: 0.02650 🛡️
TP 1: 0.02150 💰
TP 2: 0.02040 🔥
TP 3: 0.01920 🚀
🕵️ Why are we shorting SENT?
Massive Wick Rejection: Looking at the 1H chart, SENT just made a violent push to 0.02450 but was immediately slapped down, leaving a massive "upper wick." This proves that there is a heavy supply of sellers waiting at the top to exit their positions. 🛑
Bearish MACD Crossover: The MACD lines are currently flattening out in overbought territory, and the histogram has turned red. This indicates that the buying momentum has completely evaporated, and a bearish crossover is imminent. 📉
Volume Anomaly: We saw two huge spikes in volume that failed to move the price significantly higher. This is often a sign of "churning," where whales are offloading their bags to late-coming retail buyers before the price drops. 🪤
Mean Reversion Play: SENT has climbed significantly from its 0.02043 base. After such a rapid move, the price needs to return to its moving averages. We are targeting a full retest of the previous support levels as the hype cools off. ⛽
