$SAHARA
USDT BEARISH CONSOLIDATION – BREAKDOWN LIKELY IF SUPPORT FAILS
SAHARAUSDT is currently trading at 0.08040, showing weakness after a continuous decline from recent highs. The market is consolidating below mid-range levels, indicating bearish pressure might extend if support breaks.
🔑 Key Levels:
Support: 0.07730 (recent 4H low)
Resistance: 0.08550 (recent rejection zone)
Current Price: 0.08040
📊 Trade Setup (Short Entry):
Entry Zone: 0.08050 – 0.08150
Take Profit Targets:
TP1: 0.07800
TP2: 0.07550
Stop Loss: 0.08560
💡 Market Outlook:
The trend remains bearish on the 4H timeframe with lower highs and lower lows forming. If price fails to reclaim above 0.08550, further downside continuation towards the 0.07550 demand zone is expected. Momentum indicators are showing exhaustion on bounces, suggesting sellers are in control.
⚠️ Risk Management:
Always use position sizing to risk only 1-2% of your capital per trade. Wait for confirmation candles before executing shorts to avoid false breakdowns in volatile conditions.
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💭 Comment 🚨 if you are shorting this setup or waiting for a reversal opportunity!
buy and trade here on $SAHARA