The upward momentum has waned, and buyers appear to be struggling at the key resistance level. The RSI is in the deep overbought zone, and the price is hugging the upper Bollinger Band, indicating the market is overheated and buying power is depleting. Selling pressure is beginning to surface; if the price cannot sustain its current high, a smoother downward correction is expected.
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$SAGA Shows signs of fatigue after a strong rally, with selling pressure accumulating at a key resistance level.
Short $SAGA now
Entry: 0.03420 – 0.03460
Stop Loss: 0.03750
First Target: 0.03205
Second Target: 0.03092
Third Target: 0.02950
The upward momentum has waned, and buyers appear to be struggling at the key resistance level. The RSI is in the deep overbought zone, and the price is hugging the upper Bollinger Band, indicating the market is overheated and buying power is depleting. Selling pressure is beginning to surface; if the price cannot sustain its current high, a smoother downward correction is expected.
The opportunity to short $SAGA is here 👇