$SAHARA
USDT BEARISH SLIDE NEARING CRUCIAL BREAKDOWN — PRESSURE BUILDS BELOW SUPPORT
$SAHARAUSDT is currently trading at 0.07104, with a sharp -7.61% drop in the last 24 hours. The price continues to bleed on the 1H chart, forming consecutive lower highs and lower lows, clearly indicating sustained selling pressure. The recent bounce attempt was weak and short-lived, suggesting bears remain firmly in control.
🔻 Key Levels:
Resistance: $0.07350
Immediate Support: $0.07000 (critical psychological & chart level)
Current Price: $0.07104
If the $0.07000 support breaks, it opens the door for accelerated downside, potentially towards the $0.065 zone. The low-volume recovery attempts reflect a lack of strong buying interest.
📉 Trade Setup – Short Trade Signal 🔴
Entry Zone: $0.07100 - $0.07050
Stop Loss: $0.07380
Take Profit Targets:
TP1: $0.06850
TP2: $0.06600
TP3: $0.06280
Leverage: 10x
Risk Allocation: 2-3% of wallet
📊 Market Outlook: Momentum favors the bears, with no bullish reversal signs yet. Volume has been fading during minor green candles, indicating weak buyer conviction. Unless a significant bullish catalyst appears, further decline seems likely.
⚠️ Risk Management: Maintain tight stops above resistance to avoid surprise wicks. Avoid revenge trading and size your positions carefully with clear exit plans.
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