$SENT is currently caught in a typical bearish crushing scenario, with multiple technical signals indicating downside pressure from the 15-minute chart to the daily chart.
The 15-minute RSI has already dropped to 7.6, which is essentially an extremely oversold condition. The 1-hour and 4-hour RSI are also breaking to the downside into single digits, and the MACD histogram continues to expand negatively, indicating the bears are gradually increasing their control. The most painful part is the trading volume shrinking to the limit—down 97%—yet the price keeps falling, a clear sign of a volume-less decline with no signs of a bottoming out or buying support.
**Key price levels to note:** Currently around the 0.02 psychological level, but there is no real support here. On the upside, 0.021 and 0.0225 are resistance levels. On the downside, 0.019 and 0.017 are key levels to watch.
**My trading plan is as follows:** At the current price of 0.02, open a small short position targeting 0.017, with a stop-loss set at 0.0215. The downtrend is very smooth; if a rebound pushes back to 0.021, I will add to the short position with another order, also with a stop-loss at 0.0225. But there is a principle: don’t bet on reversals, don’t catch falling knives, and if the level breaks, decisively cut losses and exit.
The core strategy is to follow the trend—any rebound is an opportunity to add to the short position, and don’t expect a bottom.
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MechanicalMartel
· 10h ago
97% decrease in trading volume is still being hammered down, this is outrageous, definitely a trap to lure in buyers.
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AirdropHunterXM
· 10h ago
A 97% decrease in trading volume and still falling—this is definitely a dump move, feeling like short positions are lying and making easy profits.
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LiquidationOracle
· 10h ago
The massive decline this time is indeed fierce, with RSI dropping to single digits. However, I still want to wait and see, afraid of catching a falling knife.
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AirdropNinja
· 10h ago
The relentless decline is the most disgusting, but luckily I didn't chase the high.
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DefiOldTrickster
· 11h ago
Haha, RSI is just lying there, and people still dare to buy the dip. This is the market I like to watch—the perfect time to eliminate the bagholders.
The low volume drop indicates that the big players are not full yet. 0.017 is the real test level; I bet it will break through again.
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LiquiditySurfer
· 11h ago
The kind of endless decline is just waiting to be slapped back...
$SENT is currently caught in a typical bearish crushing scenario, with multiple technical signals indicating downside pressure from the 15-minute chart to the daily chart.
The 15-minute RSI has already dropped to 7.6, which is essentially an extremely oversold condition. The 1-hour and 4-hour RSI are also breaking to the downside into single digits, and the MACD histogram continues to expand negatively, indicating the bears are gradually increasing their control. The most painful part is the trading volume shrinking to the limit—down 97%—yet the price keeps falling, a clear sign of a volume-less decline with no signs of a bottoming out or buying support.
**Key price levels to note:**
Currently around the 0.02 psychological level, but there is no real support here. On the upside, 0.021 and 0.0225 are resistance levels. On the downside, 0.019 and 0.017 are key levels to watch.
**My trading plan is as follows:**
At the current price of 0.02, open a small short position targeting 0.017, with a stop-loss set at 0.0215. The downtrend is very smooth; if a rebound pushes back to 0.021, I will add to the short position with another order, also with a stop-loss at 0.0225. But there is a principle: don’t bet on reversals, don’t catch falling knives, and if the level breaks, decisively cut losses and exit.
The core strategy is to follow the trend—any rebound is an opportunity to add to the short position, and don’t expect a bottom.