$SAGA REJECTING FROM MAJOR SUPPLY — BEARISH MOVE LOOKS READY
🔴 SHORT
Entry Range: 0.0470 – 0.0482
Stop Loss: 0.0527
TP1: 0.0420
TP2: 0.0365
TP3: 0.0270
Looking at this chart, my view on SAGA is bearish from here. Price made a strong run up and pushed directly into the 0.0520–0.0527 supply zone, where buyers started losing momentum and we already got a sharp rejection.
For me, the important part is that the liquidity above the recent highs has already been tested. Now I’m watching for price to continue rotating lower and search for liquidity sitting underneath the current structure.
The first area I’m watching is around 0.0420. If sellers keep control and that support gives way, 0.0365 becomes the next target. My main downside zone remains around 0.0270, which lines up with the larger demand/support area visible on the chart.
As long as price stays below the upper supply zone, I’m comfortable keeping the bearish idea. A clean move above 0.0527 would invalidate this setup.
For now, I’m watching the rejection closely — let’s see if SAGA follows this path down. 👀📉
$ZEC
$龙虾
🔴 SHORT
Entry Range: 0.0470 – 0.0482
Stop Loss: 0.0527
TP1: 0.0420
TP2: 0.0365
TP3: 0.0270
Looking at this chart, my view on SAGA is bearish from here. Price made a strong run up and pushed directly into the 0.0520–0.0527 supply zone, where buyers started losing momentum and we already got a sharp rejection.
For me, the important part is that the liquidity above the recent highs has already been tested. Now I’m watching for price to continue rotating lower and search for liquidity sitting underneath the current structure.
The first area I’m watching is around 0.0420. If sellers keep control and that support gives way, 0.0365 becomes the next target. My main downside zone remains around 0.0270, which lines up with the larger demand/support area visible on the chart.
As long as price stays below the upper supply zone, I’m comfortable keeping the bearish idea. A clean move above 0.0527 would invalidate this setup.
For now, I’m watching the rejection closely — let’s see if SAGA follows this path down. 👀📉
$ZEC
$龙虾
