$SAHARA Relief Bounce or Trap? Critical Levels in Play
SAHARA/USDT has bounced slightly from its recent low near $0.086, attempting to recover after a consistent downtrend. With volume showing early signs of a shift, this could either be the beginning of a trend reversal or just a temporary relief rally.
Key Levels to Watch:
• Immediate Resistance: $0.08850 – First test for bulls; flipping this level may confirm momentum.
• Major Resistance: $0.09050 – Clearing this zone could reinitiate a bullish structure.
• Support: $0.08600 – Holding this is crucial; a breakdown may invite further selling.
Trade Setup – Bearish Pressure Easing?
• Bullish Entry: Sustained close above $0.08850
• Target 1: $0.09050
• Target 2: $0.09250
• Bearish Entry: Rejection below $0.08800 with weakness
• Target 1: $0.08550
• Target 2: $0.08300
Volume is moderately rising, indicating renewed interest—but the trend remains fragile. Watch closely for confirmation before entering, as fakeouts are common near oversold bounces.
