Alright, team, checking in on $SAHARA on the 1-hour chart.
Looks like we had that crazy pump a while back, then a swift rejection and a pretty significant pullback.
Right now, it seems to be finding some footing around the $0.08 - $0.085 zone, which could be acting as a short-term support level.
We've seen some attempts to push higher but they've been met with resistance, looks like around $0.09 to $0.095.
Volume's been pretty quiet since that initial explosion.
What's next? If that $0.08 support holds, we might see another grind upwards towards that $0.09-$0.095 resistance.
A break above that could open the doors for a move back towards the $0.10-$0.11 area.
However, if that $0.08 support gives way, we could be looking at a retest of those lower lows from the initial dump.
Keep an eye on the volume on any significant moves. Stay sharp out there!