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📈 Current Market Status SAHARA
Current spot price: ≈ $0.0838 USDT
Daily range: 0.0790 – 0.0859 USDT
24h volume: ~$150–165 M
Weekly movement: slight recovery after lows of $0.0815, with a peak on Monday at $0.1004
Technical sentiment:
Mixed indicators (rsi ~36 neutral) on Bitget: daily trend bias “sell”
Negative MACD, although recent supports at $0.090 indicate a possible bounce
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🗺️ Key Supports and Resistances
Type Level (USDT)
Strong support $0.078–0.079 (intraday lows)
Secondary support $0.065 (previous low)
Intraday resistance $0.085–0.086
Important resistances $0.095–0.108 (recent peak)
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🎯 Entry / Exit Strategy
1. Staggered entry (“Dollar-Cost Averaging”)
First tranche (~50%): at $0.081–0.083, ideal if the price breaks intraday support with volume.
Second tranche (~30%): look for sustained bounce and recovery above $0.085.
Last tranche (~20%): add if it clearly breaks $0.090 with firm volume.
2. Risk Management
Set stop-loss between $0.077–0.078 to protect capital.
Maintain position size < 5% of total capital per trade.
3. Exit Points / Take Profits
Partial at $0.095–0.095: intraday resistance level.
Additional at $0.108, short-term target +25% from entry level.
Final reserve for $0.115–0.120 if there is a breakout of resistance with momentum.
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🛠️ Confirmation Indicators
Intraday MACD/RSI (15 min–1 h): bullish crossover + RSI > 50 to validate bounce.
Increasing volume as it approaches supports or breaks resistances.
MA7/MA20 moving average: ideally wait for a daily close above them.
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🧭 Contingency Plan
If it breaks $0.078–0.079 with volume → avoid purchases and monitor the $0.065 area as the next support.
If it rises without volume, avoid adding positions until continuity is seen.
Keep updating: stay alert to news such as token unlocks (e.g. ~26 Jul) or listings that may trigger volatility.
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📋 Plan Summary
1. Current price ~$0.0838
2. Staggered entries at support and breakout
3. Stops at $0.077–0.078
4. Take profit at $0.095–0.108–0.120
5. Confirmations: MACD+RSI, volume, close above mm
6. Contingencies: sharp drop → wait for a bounce at major support
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✅ Conclusion
SAHARA is consolidating after a strong rally. The current range offers controlled spot opportunities: enter below $0.085 with technical confirmations and protect with tight stops. The main objective is to capitalize on a possible bounce without exposing to bearish breakouts.
#Spot #trading #StrategicTrading #sahara $SAHARA