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.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.