Many early investors in $SAGA are losing money because they're selling in a panic. I've been watching $SAGA's trading for the past 12 hours, and it seems like technical analysis might not be useful anymore. There are too many nervous sellers, and SAGA is being sold too much. More people are selling quickly than buying. I've noticed that people who bought SAGA at $6 to $7.8 are selling it for less than $6, making a loss. When lots of people sell for less than they bought, others who want to buy wait for even lower prices. This makes the price keep going down.
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