DENTUSDT Holds Key Support Amid Late Bullish Divergence

Summary
• DENTUSDT traded in a tight range with bearish momentum in early hours before a late rally.
• Key support held around $0.000147, with a bullish engulfing pattern observed near the 24-hour close.
• Volatility expanded after 02:00 ET, with turnover increasing by 115% in the final 6 hours.
• RSI signaled oversold conditions at 04:00 ET, followed by a moderate bullish divergence in volume.
• Price remains below the 20-period MA on 5-minute chart, with a 61.8% Fib level at $0.000149 acting as a pivot.

DENTUSDT opened at $0.000151 on 2026-02-06 12:00 ET, reaching a high of $0.000153 and a low of $0.000144 before closing at $0.000151 on 2026-02-07 12:00 ET. Total volume was 601,827,726.0, with notional turnover of $87,923.56.

Structure and Key Levels

The 24-hour period showed a defined range between $0.000144 and $0.000153. A strong support level emerged around $0.000147, which held during a bearish 5-minute candle on 02:00 ET. A bullish engulfing pattern occurred after 04:45 ET as price rebounded from a 61.8% Fibonacci retracement at $0.000149.

Moving Averages and Momentum

On the 5-minute chart, price remained below the 20-period and 50-period moving averages for most of the session, indicating bearish control early on. However, the 20-period MA began to flatten after 04:00 ET as upward momentum increased. The RSI dipped into oversold territory at $0.000149 around 04:00 ET and showed a bullish divergence with volume by 06:15 ET.

Volatility and Bollinger Bands

Volatility expanded after 02:00 ET, with the Bollinger Band width increasing from 0.0000017 to 0.0000023 over a 90-minute period. Price tested the upper band at $0.000153 and closed near the middle band. The lower band held strong at $0.000147–$0.000148, suggesting limited downside risk for the next 24 hours.

Volume and Turnover Analysis

Volume surged by 115% from 02:00 to 08:00 ET, coinciding with a price rebound. Notional turnover mirrored this pattern, rising from $950 at 02:00 ET to $2,680 by 06:00 ET. A divergence between declining volume and rising price in the final 30 minutes suggests caution for further upside.

Fibonacci Retracements

A key 61.8% Fibonacci retracement level at $0.000149 provided support during the 04:00–06:00 ET window. A larger daily swing from $0.000153 to $0.000147 shows 38.2% at $0.000150 and 61.8% at $0.000149 acting as pivotal levels.

While the 24-hour close suggests a potential reversal, buyers may look to confirm strength above $0.000152. A breakdown below $0.000147 could trigger renewed bearish momentum. Investors should closely monitor volume behavior on the next test of $0.000149 as a key near-term pivot.