$SAGA /USDT Technical Analysis (30-Min Chart)💯🔥

From the chart, $SAGA /USDT has experienced a significant spike, reaching a 24-hour high of $1.5588 and retracing to stabilize around $1.4319. The current price movement suggests consolidation after the sharp rise. Key levels are:

1. Support: $1.41 (local support).

2. Resistance: $1.46 (local resistance) and $1.55 (major resistance).

Trading Plan

1. For Long Positions:

Entry: Near $1.42 (preferably on a dip to $1.41 support).

Target: $1.50 and $1.55.

Stop Loss: $1.39 to limit downside risks.

2. For Short Positions:

Entry: Near $1.46 (close to resistance).

Target: $1.42 and $1.40.

Stop Loss: $1.48 to prevent losses in case of a breakout.

Trend: Consolidation suggests careful monitoring for breakout or breakdown confirmation. Volume remains strong, favoring intraday opportunities.

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