$SAHARA
USDT BEARISH BREAKDOWN – GRAVITY IS IN FULL CONTROL
$SAHARAUSDT continues its relentless decline, currently trading at $0.07672, down over 11% today. The hourly chart shows strong bearish candles with minimal bullish fightback, indicating further downside pressure.
🔑 Key Levels:
Resistance: $0.08000 – previous support turned resistance after breakdown.
Support: $0.07500 – current key level to watch for further breakdown.
Current Price: $0.07672
🎯 Trade Setup:
Entry (Short): $0.07750 – $0.07850 (pullback entries ideal)
Targets:
TP1: $0.07550
TP2: $0.07350
Stop Loss: $0.08050
📊 Market Outlook: Momentum is firmly bearish with consecutive lower highs and lower lows. Unless bulls reclaim $0.08000, downside continuation towards $0.07350 remains highly probable in the short term.
⚠️ Risk Management: Avoid over-leveraging in trending markets. Use proper position sizing and fixed SL to control risk exposure, as sudden wicks can occur in volatile breakdowns.
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buy and trade here on $SAHARA