#SAGA
There has been a very sharp drop from the area of about 0.09 down to the bottom at 0.02735.
After the bottom, there was a rebound, but it stalled around 0.0383.
Currently, the price is moving in a tight range near 0.034–0.036, with a clear weakness in momentum.
Key levels:
🟢 Support: 0.0330–0.0340
🟢 Strong support: 0.02735
🔴 Resistance: 0.0383
🔴 Next resistance: 0.042–0.043
🔴 Higher resistance: 0.0524
Scenarios
1️⃣ Breakout of 0.0383 with a 1-hour close
This would be the first clear technical improvement; then I’ll watch 0.042–0.043 and afterward 0.0524.
2️⃣ Trading continues below 0.0383
The current rebound will remain weak, and the price may keep moving sideways between support and resistance.
3️⃣ A break below about 0.033
This increases the likelihood of a retest of 0.030, then the previous bottom at 0.02735.
There has been a very sharp drop from the area of about 0.09 down to the bottom at 0.02735.
After the bottom, there was a rebound, but it stalled around 0.0383.
Currently, the price is moving in a tight range near 0.034–0.036, with a clear weakness in momentum.
Key levels:
🟢 Support: 0.0330–0.0340
🟢 Strong support: 0.02735
🔴 Resistance: 0.0383
🔴 Next resistance: 0.042–0.043
🔴 Higher resistance: 0.0524
Scenarios
1️⃣ Breakout of 0.0383 with a 1-hour close
This would be the first clear technical improvement; then I’ll watch 0.042–0.043 and afterward 0.0524.
2️⃣ Trading continues below 0.0383
The current rebound will remain weak, and the price may keep moving sideways between support and resistance.
3️⃣ A break below about 0.033
This increases the likelihood of a retest of 0.030, then the previous bottom at 0.02735.
