đ„ SAGA/USDT BEARS ARE STILL IN CONTROL
đ SIGNAL
Bias: Bearish
Entry: $0.0268 â $0.0273
TP1: $0.02587
TP2: $0.02450
TP3: $0.02300
SL: $0.02900
SAGA is trading around $0.02660 after another rejection from the higher levels, and the 1H structure remains heavily bearish.
Price is below all three moving averages:
MA7: $0.02705
MA25: $0.03052
MA99: $0.03996
đ TECHNICAL REASONING
SAGA continues to print lower highs and lower lows after the massive spike toward $0.09. The recovery attempts are being sold, while the MA7, MA25 and MA99 remain stacked above price.
The first important level is $0.02587, the recent low. A clean break below that level could open the door toward $0.02450 and potentially $0.02300.
For the short setup, I would want price to retest the $0.0268â$0.0273 area and show rejection rather than chasing the move at the current low.
â ïž INVALIDATION
A strong 1H reclaim above $0.02900 would weaken this setup, while a move back above the MA25 around $0.0305 would be a much stronger warning for bears.
Donât chase the breakdown. protect your capital, and manage risk properly.
#SAGA #SAGAUSDT #Crypto #CryptoTrading #Altcoins $SAGA
đ SIGNAL
Bias: Bearish
Entry: $0.0268 â $0.0273
TP1: $0.02587
TP2: $0.02450
TP3: $0.02300
SL: $0.02900
SAGA is trading around $0.02660 after another rejection from the higher levels, and the 1H structure remains heavily bearish.
Price is below all three moving averages:
MA7: $0.02705
MA25: $0.03052
MA99: $0.03996
đ TECHNICAL REASONING
SAGA continues to print lower highs and lower lows after the massive spike toward $0.09. The recovery attempts are being sold, while the MA7, MA25 and MA99 remain stacked above price.
The first important level is $0.02587, the recent low. A clean break below that level could open the door toward $0.02450 and potentially $0.02300.
For the short setup, I would want price to retest the $0.0268â$0.0273 area and show rejection rather than chasing the move at the current low.
â ïž INVALIDATION
A strong 1H reclaim above $0.02900 would weaken this setup, while a move back above the MA25 around $0.0305 would be a much stronger warning for bears.
Donât chase the breakdown. protect your capital, and manage risk properly.
#SAGA #SAGAUSDT #Crypto #CryptoTrading #Altcoins $SAGA
