SAGA has been quietly accumulating since mid-June, with the volume during this period significantly higher than on its earlier drop. This signals strong accumulation and interest at the lower levels.
Now, with a breakout above the key $2 level, the token has made a decisive move. This could just be the start of a larger run. The next resistance is at $2.80, and a break above that could quickly take us to the $4 range.
However, SAGA has nearly doubled in price over the past few days. A pullback seems likely before any further rise. It’s unlikely the token will climb straight to $4 without some breathing room.
In this case, dips are for buying. Waiting for a correction around $2 could provide a more favorable entry, as the token consolidates its recent gains before the next move higher.
Final thought: The breakout is real, but timing your entry will be key.
Now, with a breakout above the key $2 level, the token has made a decisive move. This could just be the start of a larger run. The next resistance is at $2.80, and a break above that could quickly take us to the $4 range.
However, SAGA has nearly doubled in price over the past few days. A pullback seems likely before any further rise. It’s unlikely the token will climb straight to $4 without some breathing room.
In this case, dips are for buying. Waiting for a correction around $2 could provide a more favorable entry, as the token consolidates its recent gains before the next move higher.
Final thought: The breakout is real, but timing your entry will be key.
I'm Ben. Crypto lover, trader, and coder.
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
I'm Ben. Crypto lover, trader, and coder.
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.