$SAGA This chart shows a technical analysis of the SAGA/USDT Perpetual Contract on the 4-hour timeframe from Binance. Here's a breakdown of the key elements:

🔍 Chart Analysis

Support and Resistance Levels

Resistance Zone: Around $0.2300 (marked in red) – multiple rejections here in the past.

Intermediate Resistance: $0.2161 – now being tested or recently broken.

Support Zone:

$0.2072 – $0.2039 (marked in blue) – previous price floor with multiple touches.

Trendline Support: Green ascending trendline indicating higher lows.

🔁 Price Action & Breakout

The chart suggests a bullish breakout above $0.2161, with the recent candle closing strong at $0.2223.

Target move is marked with an 8.89% increase (0.0181) from breakout, aiming for around $0.2300.

🔼 Bullish Indicators

Higher lows (green trendline).

Clean breakout from sideways accumulation range.

Volume and momentum not shown, but price structure suggests strength.

🔽 Potential Pullback/Retest

Price could retest $0.2161 or dip to $0.2072–0.2039 (blue zone) for a higher low before another move upward.

✅ Key Levels to Watch

TypePriceEntry Zone$0.2161Support$0.2038 / $0.2072Target$0.2300Risk AreaBelow $0.2030

📌 Summary:

Bullish breakout confirmed above $0.2161.

Possible continuation toward $0.2300.

Look for support to hold above $0.2038–0.2072 if price pulls back.

Let me know if you want a trading plan (entry/SL/TP) or RSI/Fibonacci analysis added.