Yello, Paradisers! Is #SAGAUSDT preparing for a potential downturn? Here's what we're eyeing right now.
đź’Ž#SAGA After a significant breakout from a critical resistance level, looks poised to revisit the demand zone at $2.21-$2.05. This retest would align with a bullish reversal, potentially pushing the price towards our target in the Bearish Order Block area.
đź’ŽHowever, if SAGA fails to bounce from the demand zone, we could see the price test the support level between $1.78-$1.88. This zone was previously a key resistance level, and a strong rebound from here is likely as the price has yet to retest this support following the recent breakout.
đź’ŽIf SAGA doesn't rebound and the daily candle closes below $1.77, the bullish outlook will be invalidated, and the price may reverse back into a bearish trend, continuing its downward move.
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