Is SAGA on the Brink of a Downturn? Key Levels to Monitor**
#SAGAđ„đ„ #SAGAđ°æșèœć€ç©șçç„ #BinanceSquareFamily
Hello, Paradisers! Are we witnessing a potential downturn in SAGAUSDT ? Hereâs what to watch :
After a significant breakout from a key resistance level, SAGA appears ready to retest the demand zone between **$2.21 and $2.05**. A successful bounce here could signal a bullish reversal, pushing the price toward our target in the Bearish Order Block area.
However, if SAGA fails to bounce from the demand zone, it may test the support level of **$1.78-$1.88**, which has previously acted as resistance. A strong rebound from this zone is likely, as it hasn't been tested since the breakout.
If the daily candle closes below **$1.77**, the bullish outlook will be invalidated, and we may see a shift back into a bearish trend.
Advice : Monitor Key Levels
Stay vigilant on these key levels for potential trading opportunities. Always implement stop-loss orders to manage risks effectively.
Conclusion : Be Prepared for Market Moves
In summary, while SAGA shows potential for a bullish reversal, careful monitoring of support and resistance levels is crucial for making informed trading decisions.
