After Breaking Out The Channel DENT Token Is About To Break 1st Resistance

Hi friends hope you are well, and welcome to the new update on Dent token.

Broke out channel with bullish divergence:
On the daily time frame, Dent has broken out a down channel , for now it is rejected by $0.0055 resistance but there is also a bullish divergence appeared as priceline is forming higher high but the price action is failed in forming a new high. Therefore, Dent can breakout the resistance of $0.0055 then next resistance will be at $0.0075.

SMA and oscillator:
On weekly time frame, there is a good support of 100 simple movingaverge support and the Stochastic is suggesting that the market of Dent has been oversold as it has entered the oversold zone.

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▶️ 3Speak