🔴 Trading Signal for SAGA/USDT

• Current Price: $1.7547

• Chart Pattern: Descending Channel followed by a Rising Wedge pattern 📉🔼

• Supply Zone (Potential Reversal):

• Level: $2.0817 - $2.3619

• Invalidation Level: $2.5815 ⚠️

• Projected Move:

• Expected to rise towards the supply zone around $2.0817-$2.3619 before a potential reversal 📈

• After hitting the supply zone, a downward movement towards the $1.3989 - $1.2978 level is anticipated, completing the “f” wave pattern 🔄

• Risk Management:

• Stop Loss (Invalidation Level): $2.5815 🛑

• Target Profit:

• Short Term: $2.0817 - $2.3619 🎯

• Long Term: $1.3989 - $1.2978 💰

• Trading Strategy: Consider short positions upon confirming a reversal from the supply zone, aiming for the green support zone below 🔍

Disclaimer:DYOR and NFA.

$SAGA

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