SAGA / TetherUSLong
Chart Analysis (SAGA/USDT)
Updated
Chart Analysis (SAGA/USDT)
Published on Oct 10, 2024.
The 4-hour chart shows a clear support level at approximately $2.3055 (highlighted with grey boxes), where price has historically bounced off multiple times. The price action suggests a consolidation phase around this zone, with frequent tests of this support level. The recent drop from the $2.7-$2.8 range is potentially targeting this same support zone again, as seen in previous dips.
Watch for a potential bounce around this area or a breakdown below $2.3055 for further downside momentum. If a breakdown occurs, the next support levels could be around $2.1 or $2.0.
Key levels to watch:
Support: $2.3055 (major), $2.1
Resistance: $2.6, $2.8
Note: This chart is not financial advice. Please conduct further research before tradin
Published on Oct 10, 2024.
The 4-hour chart shows a clear support level at approximately $2.3055 (highlighted with grey boxes), where price has historically bounced off multiple times. The price action suggests a consolidation phase around this zone, with frequent tests of this support level. The recent drop from the $2.7-$2.8 range is potentially targeting this same support zone again, as seen in previous dips.
Watch for a potential bounce around this area or a breakdown below $2.3055 for further downside momentum. If a breakdown occurs, the next support levels could be around $2.1 or $2.0.
Key levels to watch:
Support: $2.3055 (major), $2.1
Resistance: $2.6, $2.8
Note: This chart is not financial advice. Please conduct further research before tradin
Trade closed: target reached
tp hit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.