🔴 $SAGA /USDT – Bearish Breakdown & Supply Zone Rejection Setup 📉🔥
$SAGA is showing a bearish market structure on the 1H timeframe, forming lower highs and lower lows as selling pressure continues to dominate. After touching the recent low of $0.01962, the price is attempting a short-term recovery, but the overall trend remains weak.
The $0.02100–$0.02120 resistance zone could attract sellers again. A liquidity sweep followed by bearish rejection may trigger another downward move toward recent support levels.
📉 Potential Short Entry: $0.02100–$0.02120 (after bearish confirmation)
🎯 Take Profit Levels:
- TP1: $0.02025
- TP2: $0.01962
- TP3: $0.01940
🛑 Stop Loss: $0.02160
📊 Technical Outlook:
- Trend: Bearish 📉
- Timeframe: 1H
- Key Resistance: $0.02100–$0.02120
- Major Support: $0.01962
- Market Structure: Lower Highs & Lower Lows
⚠️ Trade carefully! Wait for a clear bearish rejection from resistance before entering. A sustained breakout above $0.02157 would weaken the bearish setup. Use proper risk management and avoid chasing entries.
🚀 SAGA remains under selling pressure — watch for the next bearish move!
#Saga
$SAGA is showing a bearish market structure on the 1H timeframe, forming lower highs and lower lows as selling pressure continues to dominate. After touching the recent low of $0.01962, the price is attempting a short-term recovery, but the overall trend remains weak.
The $0.02100–$0.02120 resistance zone could attract sellers again. A liquidity sweep followed by bearish rejection may trigger another downward move toward recent support levels.
📉 Potential Short Entry: $0.02100–$0.02120 (after bearish confirmation)
🎯 Take Profit Levels:
- TP1: $0.02025
- TP2: $0.01962
- TP3: $0.01940
🛑 Stop Loss: $0.02160
📊 Technical Outlook:
- Trend: Bearish 📉
- Timeframe: 1H
- Key Resistance: $0.02100–$0.02120
- Major Support: $0.01962
- Market Structure: Lower Highs & Lower Lows
⚠️ Trade carefully! Wait for a clear bearish rejection from resistance before entering. A sustained breakout above $0.02157 would weaken the bearish setup. Use proper risk management and avoid chasing entries.
🚀 SAGA remains under selling pressure — watch for the next bearish move!
#Saga