$SAGA /USDT BEARISH REVERSAL IN PLAY — WATCH FOR DOWNSIDE PRESSURE!
After a strong upward rally, $SAGA /USDT has formed a short-term peak near the $0.44 mark and is now showing signs of a bearish reversal with consecutive red candles and a break below the intraday support at $0.41. Price is currently holding at $0.4055, but the momentum appears to be shifting in favor of sellers as volume declines and wick rejections increase.
Trade Setup (Short):
Entry: $0.4070 - $0.4100
Take Profit: $0.3850 / $0.3720
Stop Loss: $0.4210
Market Outlook:
If SAGA fails to reclaim $0.4150, a deeper retracement could follow. Look for confirmation through further lower highs and increasing sell volume. Maintain tight risk control and monitor the next hourly close for directional clarity.
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