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
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