$SAHARA USDT Trade Idea – 30-Minute Chart
Price is currently testing a strong support zone around 0.0750, which has held multiple times in the past. The recent sharp drop found buyers again at this same level, showing signs of a potential double bottom or reversal pattern forming.
Trade Setup:
Type: Long (Buy)
Entry Price: Between 0.0750 and 0.0751
Target Price: 0.0800
Stop Loss: 0.0739
Reason for Trade:
The price has bounced off the same demand zone several times, forming a clear structure of higher lows. Volume is increasing near support, suggesting buyer interest. A reversal from this level could lead to a move toward the previous high near 0.0800.
Market Insight:
If this support holds and a bullish engulfing or confirmation candle forms, this trade offers a high probability of upward continuation. The risk is well defined with a stop loss just under the support. Reward-to-risk is favorable in this setup.
Buy and Trade here on $SAHARA