📉 $SAGA INVESTORS FACE SIGNIFICANT LOSSES:
Over the past 15 hours, I've closely monitored SAGA's trading activity, noticing a deviation from traditional technical analysis. Weak hands and panic sellers dominate, leading to an oversold condition.
Impatient sellers, who initially bought at $6 to $7.8, are now selling below $6, resulting in losses. Consequently, cautious buyers are waiting for lower prices, contributing to the downward trend.
Additionally, there's limited support from the #Saga team post their mainnet launch and token listing, dampening excitement and attracting few new investors.
#SAGACOINUPDATE #BullorBear #BinanceLaunchpool #BitcoinHalving