PSAR Trend Reversals — 6 Tokens You Should Watch 🚨

The Parabolic Stop and Reverse (PSAR) is a technical indicator that can identify the direction of an asset’s momentum and potential trend reversals. When the PSAR flips, it can signal a possible change in trend.

I scanned 500 tokens on their daily charts, looking for fresh PSAR flips that signal potential trend shifts.

Here’s what I found 👇

🔴 Ardor (ARDR): Bearish Flip

ARDR has been a rollercoaster recently — highly volatile with massive pumps followed by sharp corrections. The latest PSAR flip suggests the potential for further downside movement.

🔴 Solar (SXP): Bearish Flip

SXP has also seen significant price swings, with a strong pump that was followed by a correction. The recent PSAR flip could signal that this correction is not over yet, suggesting we might see more downside.

🟢 Uniswap (UNI): Bullish Flip

UNI is on the opposite end of the spectrum. The token has been trending upwards, and this recent PSAR flip to a bullish stance may indicate a continuation of the uptrend after a brief pullback.

🔴 Sun (SUN): Bearish Flip

SUN has experienced a strong correction after a sizable pump. The correction appeared to find a bottom recently, as the PSAR was signaling an upward move for a few days. However, the latest PSAR flip to down could indicate that this bottom may not hold, and further correction could be in play.

🟢 Sage (SAGA): Bullish Flip

SAGA has been riding a strong uptrend recently. Yesterday, the PSAR flipped bearish, suggesting a downtrend could be on the way. However, today brought another twist — a flip back to an uptrend, signaling that the upward move may continue.

🟢 BANANA: Bullish Flip

$BANANA is bouncing back from a correction, and the recent PSAR flip to the upside could be a bullish signal. This flip may indicate the start of upward momentum, suggesting that the correction has ended, and more gains could be on the way.