Long Potential 🟢 For $SAHARA
Based on technical analysis on the SAHARAUSUSDTP_3h chart (Perpetual Contract) from TradingView:
1. **Price Trend**: The price shows a significant downward trend before forming a consolidation pattern with sideways movement. There was a sharp decline at the beginning of the chart, followed by a gradual recovery. 2. **Price Levels**: Currently, the price is around 0.09244 USD, with strong support in the range of 0.09000-0.09200 USD. The nearest resistance is seen at 0.10000 USD.
3. **Indicators**: EMA (PseudoEma) shows a previous bearish crossover, but is currently approaching stability, indicating potential reversal or further consolidation.
4. **Volume**: Trading volume appears to be decreasing along with consolidation, which could indicate accumulation or market uncertainty.
5. **Advice**: Monitor breakout above 0.10000 for bullish signals or breakdown below 0.09000 for bearish confirmation. Use a tight stop-loss considering the volatility. Be sure to verify with additional indicators before taking a position.