Technical Analysis Report – Crypto Market Losers.. $SAGA , $SUN , $SUI , #CATI , #FTT ... Big Losers ..
The crypto market witnessed notable corrections across several trending tokens, with SAGA leading the decline. SAGA has plunged by 10.27%, currently trading at $2.96. This sharp pullback indicates heavy profit-taking or liquidation pressure, potentially triggering further downside unless it finds immediate support near key psychological levels. Traders should monitor any bounce-back to gauge the strength of buyers stepping in.
Other hot tokens, such as CATI and FTT, dropped by 8.58% and 8.48%, respectively, suggesting a broader sentiment shift in the market. CATI is now at $0.4388, and FTT is at $1.82, with both tokens facing significant selling pressure. On the flip side, VIDT fell by 8.38%, showing heightened volatility around the $0.03016 mark, while SUN is down 7.71%, currently trading at $0.01927.
Meanwhile, SUI, despite maintaining a higher price at $2.09, has also experienced a 7.06% decline. The simultaneous dip across these assets suggests a temporary bearish trend in the broader crypto market, with investors potentially shifting liquidity or reducing exposure. This pullback offers an opportunity for strategic traders to scout for reversal signs, especially if these tokens approach oversold territory on key technical indicators such as RSI.
