That red candle wasn't a dip. It was distribution
Opening short on $SAGA 📉
📍 Entry: 0.03600 to 0.03800
🎯 TP1: 0.02735
🎯 TP2: 0.02329
🎯 TP3: 0.01987
🛑 Stop Loss: 0.04359
Potential reward-to-risk: approximately 2R / 3.7R / 5.4R
One candle wiped out the entire rally from 0.0198 to 0.0916.
That's not a pullback. That's a full distribution event.
RSI at 42 — not oversold yet. There's room to fall.
Price is below MA7 and MA25. Both flipped into resistance.
If 0.02735 breaks, next real support is 0.02329.
Use 3x–4x leverage. A close above 0.04359 invalidates this short. So was that wick a liquidity grab, or is this just the beginning?
Trade here 👇🏻 Spot 👉🏼 $SAGA
#Saga #SAGAUSDT #short #Crypto
Opening short on $SAGA 📉
📍 Entry: 0.03600 to 0.03800
🎯 TP1: 0.02735
🎯 TP2: 0.02329
🎯 TP3: 0.01987
🛑 Stop Loss: 0.04359
Potential reward-to-risk: approximately 2R / 3.7R / 5.4R
One candle wiped out the entire rally from 0.0198 to 0.0916.
That's not a pullback. That's a full distribution event.
RSI at 42 — not oversold yet. There's room to fall.
Price is below MA7 and MA25. Both flipped into resistance.
If 0.02735 breaks, next real support is 0.02329.
Use 3x–4x leverage. A close above 0.04359 invalidates this short. So was that wick a liquidity grab, or is this just the beginning?
Trade here 👇🏻 Spot 👉🏼 $SAGA
#Saga #SAGAUSDT #short #Crypto
