$SAGA This 24-hour period saw a drop of nearly 24 points. From the high around 0.09, it was directly smashed down to about 0.027. Trading volume surged to 460 million. This kind of volume-driven selloff is, in plain terms, a chain reaction of leverage being liquidated; it has little to do with the project’s fundamentals. Looking at the on-chain data, the sell pressure from unlocks has basically already been digested for the most part. What’s actually driving the dump is the liquidation of long positions on futures. The key observation level is the low at 0.027. As long as the daily candle closes back above it, it would suggest the panic selling has mostly run its course and a rebound structure may have a chance to form. At this point, sentiment is more extreme than the price—so ironically, there’s no need to be too pessimistic.