Update $SAGA : Respecting the safety valve is the foundation of trading! 🛑📉
After yesterday’s positivity, market pressure increased and the price dropped, now trading at $0.02571 (the lower band of the current Bollinger Bands indicator).
⚖️ Technical match with yesterday’s post:
1. Safety valve: The level set yesterday ($0.02572) was broken by a very small margin, and the price briefly hit a bottom at $0.02560—this calls for activating a stop-loss for the intraday trader to protect capital.
2. Current indicators: The price is precisely resting on the lower Bollinger support, and the MACD indicator is still giving a temporary negative signal.
🎯 Next takeaway:
• Last support: All eyes are on the main bottom mentioned yesterday at $0.02506. Breaking this level means the positive scenario is completely invalidated.
• Return condition: We won’t return to positivity unless there is a breakout and stabilization above the Bollinger middle line at $0.02664.
Sticking to the plan protects you from market volatility! Share with us.. Do you use your safety valve or are you waiting to test the last support? 🤔👇
#SagaProtocol #SAGAUSDT #Crypto #SAGA #Technical_Analysis #Binance
After yesterday’s positivity, market pressure increased and the price dropped, now trading at $0.02571 (the lower band of the current Bollinger Bands indicator).
⚖️ Technical match with yesterday’s post:
1. Safety valve: The level set yesterday ($0.02572) was broken by a very small margin, and the price briefly hit a bottom at $0.02560—this calls for activating a stop-loss for the intraday trader to protect capital.
2. Current indicators: The price is precisely resting on the lower Bollinger support, and the MACD indicator is still giving a temporary negative signal.
🎯 Next takeaway:
• Last support: All eyes are on the main bottom mentioned yesterday at $0.02506. Breaking this level means the positive scenario is completely invalidated.
• Return condition: We won’t return to positivity unless there is a breakout and stabilization above the Bollinger middle line at $0.02664.
Sticking to the plan protects you from market volatility! Share with us.. Do you use your safety valve or are you waiting to test the last support? 🤔👇
#SagaProtocol #SAGAUSDT #Crypto #SAGA #Technical_Analysis #Binance
