Since DENT reached its ATH at the start of April, this token has seen a continuous bleed from there. During this bleed, DENT lost around 93% of its ATH value at some point.
However, it appears that this continuous bleed has stopped for now. As seen on the chart, DENT has drawn a higher low on the chart, a potential reversal pattern in the making.
The main area to look out for is the 0.00282 resistance. Once we can get a daily close above that, I'd be looking for long entries. First major resistance from that point would be the 0.00475 area.
Obviously, keep an eye on the movements of Bitcoin. A reversal from BTC will drag all the alts down with it.
Happy trading!