$SAHARA at Decision Point — Bounce Incoming or Breakdown Below Key Support?
SAHARA/USDT is currently hovering around 0.07260, consolidating just above a crucial short-term support zone. After repeated rejections near 0.07350, price action has weakened and is testing lower boundaries. Volume is rising — signaling that a breakout or a deeper drop may be near.
Key Technical Levels:
• Resistance Zone: 0.07330 – 0.07350
A clean breakout above this range could open the gates for a sharp upward move.
• Support Zone: 0.07240 – 0.07220
This is the last defense for bulls. A breakdown could accelerate selling.
Trade Setup
Bullish Scenario
• Entry: Above 0.07350 (confirmed breakout)
• Target 1: 0.07420
• Target 2: 0.07500
• Stop Loss: Below 0.07240
Bearish Scenario
• Entry: Below 0.07220 (breakdown confirmation)
• Target 1: 0.07120
• Target 2: 0.07000
• Stop Loss: Above 0.07330
Things to Watch:
• Volume surge at breakout or breakdown point
• Bullish or bearish engulfing candles on 15M or 1H timeframe
• Wicks or failed breakouts near blue supply zone
This is a tight range battle — stay alert for a volatility-driven move. React, don’t predict.