SENT / USDT (Daily Frame) — Bearish Scenario | Short
$SENT made a strong impulsive move upwards to the range of 0.049 – 0.050 and then faced a sharp rejection, with a long upper wick followed by consecutive red candle closes — a clear signal of sellers entering strongly at the peaks.
Since that rejection, the price has been losing momentum and gradually declining, failing to reclaim the breakout area, which keeps the technical structure bearish.
🔍 Technical Reading:
Strong rejection from the peak of the impulsive move
Weakness in rebound attempts
Trading below 0.038 – 0.040 confirms that the current move is just a correction, not a bullish continuation
Any rebound towards this area is considered a selling pressure opportunity
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📉 Trade Plan (Short)
Entry Area:
0.036 – 0.039
Targets:
🎯 TP1: 0.030
🎯 TP2: 0.022
Cancel Scenario:
Daily close above 0.041
📊 Summary:
Momentum has cooled after the last impulse, and the likely trend remains bearish as long as the price is unable to reclaim the key resistance. It is better to treat rebounds as selling opportunities rather than buying.
SENTUSDT | Permanent
📉 Bias: Bearish
