📉 SAGA/USDT on the Edge - August 19, 2024 ⚠️

SAGA is currently trading at $1.3039, showing a slight gain of +0.48% in the last 4 hours. After a strong run-up earlier this month, the token is now facing some downward pressure.

📊 Key moving averages:

7-day MA: $1.3569 (Resistance)25-day MA: $1.404099-day MA: $1.2917 (Support)

The price is hovering just above the 99-day MA, which might provide some support. However, with the shorter MAs trending downwards, it could be a sign of more bearish action to come. Are we looking at a bounce off support, or will SAGA continue to slide?

💬 What’s your strategy? Ready to buy the dip, or waiting for more confirmation? Share your thoughts!👇

#SAGA🔥🔥 #Altcoinseason2024 #TradingMadeEasy #cryptoanalysis #BEARISH📉