Emon Khan 421
--
$SAHARA – Dead Cat Bounce in Motion?
$SAHARA just faced a brutal rejection after spiking to $0.15789. The rapid rise was followed by immediate selling pressure, resulting in a sharp drop of over 8% in a single candle. With low volume support and a long upper wick, this looks like a classic dead cat bounce setup — where temporary recovery is likely to break lower again.
📉 Bearish Trade Setup:
• Entry: Around $0.105 – $0.110
• Target 1: $0.065
• Target 2: $0.00181 (previous bottom)
• Stop Loss: $0.120
A break below $0.099 would likely confirm a continuation of the dump. Volatility remains high, so manage risk carefully.
$SAHARA just faced a brutal rejection after spiking to $0.15789. The rapid rise was followed by immediate selling pressure, resulting in a sharp drop of over 8% in a single candle. With low volume support and a long upper wick, this looks like a classic dead cat bounce setup — where temporary recovery is likely to break lower again.
📉 Bearish Trade Setup:
• Entry: Around $0.105 – $0.110
• Target 1: $0.065
• Target 2: $0.00181 (previous bottom)
• Stop Loss: $0.120
A break below $0.099 would likely confirm a continuation of the dump. Volatility remains high, so manage risk carefully.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
234
0