$SAHARA
Overview of current trends
• Current price: 0.07878 USDT, down 2.78%
• Just hit a short-term bottom at 0.07753
• Moving averages:
• MA(7) = 0.07944 → above the current price → selling pressure still exists
• MA(25) = 0.08053 and MA(99) = 0.08176 → both higher than the price → clear downtrend
• Volume surged in a large red candle → broke strong support, could be panic selling
Technical analysis
• Nearest resistance zone:
• 0.07950–0.08000 (MA7 + old sideways zone)
• 0.08150 (MA99)
• Nearest support zone:
• 0.07750 (just tested)
• If this zone breaks → high possibility of returning to 0.075–0.073
Next scenarios
1. If the price recovers slightly to 0.0795 – 0.0800 but is rejected again:
• That is a strong signal to continue selling
• Can open a short around this area with SL above 0.0815
2. If it accumulates above 0.0784–0.0788 and volume decreases:
• There is a possibility to test the 0.080 area again
• However, there are still no clear signs of reversal, need more large green candle signals + volume
3. If it breaks 0.0775 with large volume again:
• Short-term downward target: 0.075 – 0.073
• Limit entering long to catch the bottom at this time unless there is strong support and a confirming candle