$SAGA /USDT BEARISH BREAKDOWN IN PLAY !!!
Big Drop Incoming — Bears Take Full Control
Current Price: $0.3501
$SAGA has broken down sharply from the recent high of $0.4373, dropping over 14% in the last 24h. It has pierced below critical support zones and is now consolidating near local lows.
Key Levels:
Resistance: $0.3800 & $0.4100
Support: $0.3434 (local low), next support at $0.3300
Trade Setup — SHORT Position:
Entry: $0.3510 - $0.3550
Take Profit (TP):
TP1: $0.3430
TP2: $0.3300
Stop Loss (SL): $0.3660
Outlook:
Strong bearish momentum on the 4H chart with heavy selling pressure and no immediate bullish reversal signs. Lower highs and lower lows confirm trend continuation unless key resistance is reclaimed.
Risk Management:
Use proper position sizing (1-2% risk per trade). Stick to SL to avoid slippage on bounce traps.
Stay sharp — the bears are in control!
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