$SAHARA Is This the Calm Before a Reversal or a Breakdown?
SAHARA has dropped hard — currently trading at $0.10855, down over 23% in 24h, after failing to hold the $0.14 zone. It’s now consolidating tightly above a fragile support near $0.10750, with volume thinning and volatility compressing.
This setup could lead to either a strong relief bounce or a continuation breakdown. Eyes on breakout confirmation.
Key Levels to Watch:
• Resistance: $0.1120 – $0.1180
• Support: $0.1070 – $0.1000 (critical breakdown zone)
Long Trade Setup (Aggressive Bounce Play)
• Entry: $0.1075 – $0.1080
• Stop Loss: Below $0.1000
• Target 1: $0.1125
• Target 2: $0.1180
• Target 3: $0.1250 (if momentum returns)
SAHARA is in a vulnerable zone after a sharp dump, but early signs of base formation are visible. If $0.1070 holds, bulls might attempt a short-term reversal. But caution: a break below $0.100 could invite further capitulation. Wait for volume confirmation before jumping in.