$SAHARA
Key Observations & Strategy:
1. Current Price Action.
- Trading at **$0.08378**, near the **Bollinger Lower Band ($0.08258)**.
- Testing **critical support at $0.08265** (24h low). A break below could trigger further downside.
2. **Confirmation Signals for Entry**:
- **Bullish Reversal Candles**: Wait for a 15m/30m candle to close *above* $0.08380 (current price) with higher-than-average volume.
- **RSI Oversold**: If RSI (not shown) drops <30, it signals potential reversal. **Confirm with price action**.
- **MACD Crossover**: Watch for a bullish MACD crossover (green histogram forming).
3. **Low-Risk Entry Zones**:
- **Aggressive**: Buy near **$0.08265–$0.08280** (lower Bollinger Band) *if* RSI is oversold and volume surges.
- **Conservative**: Wait for a break above **Bollinger Mid-Band ($0.08397)** and retest as support.
4. **Volume Insight**:
- 24h volume is **121M SAHARA** – significant selling pressure. Avoid entries until selling volume decreases.
### Critical Risk Management:
- **Stop-Loss**: Place below **$0.08250** (just under 24h low) to limit losses if support breaks.
- **Position Size**: Risk ≤1-2% of your capital per trade.
- **Avoid Chasing**: If price spikes rapidly without consolidation, wait for a pullback.
