Here is your professional technical analysis post for the provided chart:
$SAHARA USDT BEARISH PULLBACK – MORE DOWNSIDE AHEAD?
$SAHARA is currently trading at $0.08428 (-5.96%) after a failed attempt to hold above its recent highs near $0.08786. Price structure remains bearish as sellers continue to dominate, with the market forming lower highs and lower lows, signalling potential continuation to the downside if support levels break.
📊 Trade Setup
Setup: SHORT
Entry: $0.08420 – $0.08450
Targets: TP1: $0.08280 | TP2: $0.08150
Stop Loss: $0.08540
💡 Short Market Outlook Overall trend remains bearish under strong selling pressure. Failure to reclaim above $0.0855 may keep momentum towards the lower support zone near $0.0814. Watch for volume confirmations to validate breakdowns.
⚠️ Risk Management: Always size positions carefully; do not risk more than 1-2% of capital per trade to maintain portfolio health.
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