$SAHARA/USDT ⚠️ Pullback Phase
Price: $0.08426
-15.58% (1H TF)
Trend: Bearish Consolidation
📉 Technical Summary
EMA Status (Bearish Crossover):
EMA(9): $0.08587 🔽
EMA(20): $0.08913 🔽
EMA(50): $0.09232 🔽
EMA(100): $0.09088 🔽
All short EMAs are pointing down and trading below the 50 & 100 EMAs, confirming short-term bearish momentum.
RSI(6):
31.73 → Almost oversold (<30 is the threshold).
This suggests a potential short-term bounce or consolidation, but no confirmation of reversal yet.
Volume:
Volume has drastically dropped after initial listing spike.
Current volume is thin, showing lack of momentum to the upside.
Structure:
High volatility post-listing (wick up to $0.158).
Price rejected hard from $0.10+ zone and now forming lower highs & lower lows.
Nearest support: $0.08197 (24h low)
Next support zone: $0.07380
Resistance: $0.08900 (EMA20) then $0.09230 (EMA50)
📌 Setup Suggestion
For Scalpers:
Watch for bounce around $0.081 – $0.083 range.
Entry: $0.083
Target: $0.088 – $0.091
Stop: $0.0785
For Swing Traders:
Wait for RSI bullish divergence or reclaim of EMA20 before entry.
Avoid entering in current downtrend without signal confirmation.
⚠️ Conclusion
SAHARA is currently in a cooling phase after initial hype.
Trend is bearish in short term.
RSI shows it's near oversold, but no strong bullish reversal signals yet.
Volume is drying up → market indecision or apathy.
🔎 Watch for reclaim of $0.089 or strong buy volume before considering serious re-entry. Otherwise, risk remains tilted to the downside.