SAGA

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Here's a graphical analysis of the #SAGA coin, recently launched. Initially, the coin reached its maximum price of 7.89 before undergoing a correction, with the daily candle closing at 6.5562. Over the following two days, the price continued to fall, leaving buyers without stop loss in despair.

At 10:00 UTC, we notice that the price correction is still ongoing. Using Fibonacci retracement, we observe that the 0.618 level acted as support, recording a price of 4.9750. It's important to note that this analysis does not constitute investment advice.

It's expected that the 0.618 support will hold, allowing the SAGA coin to recover its previous levels and reassure investors. However, if this support is breached, the next level to watch is the 0.50 Fibonacci level, with a price of 4.0082, indicating a possible further decline.

Please remember that while this analysis provides insights into the recent behavior of the SAGA coin, it should not be interpreted as financial advice. It's important to conduct your own research and consider your investment goals before making trading decisions.