๐จ Market Alert: SAGA's Critical Levels to Watch! ๐จ
Here's a swift breakdown of SAGA's price action and what it might entail for traders:
๐ SAGA is currently teetering near a weak support level at $3.84.
๐ฅ The golden Fibonacci retracement level is just below at $3.0, a major pivot zone for price reversals.
๐ Keep an eye on the RSI (Relative Strength Index), which is hovering near the mid-range on Hourly Timeframe
What does this mean for you?
If SAGA dips below $3.84, prepare for a possible retest of the golden Fib level.
A bounce from the golden Fib could signal a potential bullish reversal.
However, a sustained fall below the golden Fib level might hint at a deeper bearish trend.
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