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Don't remind me again today

SAHARA is currently hovering around 0.0403, struggling a bit below several moving averages—the 7-day moving average at 0.0405, the 25-day moving average at 0.0415, and the 99-day moving average at 0.0621 are all pressing down. Recently, it dropped directly from a high of 0.0848 to 0.0347, and now it's swaying around the 0.040 position.



Looking upward, short-term resistance is in the range of 0.042-0.048. To really turn things around, it must break through 0.06 (99-day moving average). The support below is the previously mentioned low point of 0.0347. If it continues to fall, it may test 0.030.

The trading volume speaks volumes: it was clearly high during the plunge, but then it dried up, and now the selling pressure is even heavier. Unless buyers can regain control of these short- to medium-term moving averages, this bearish trend will continue.
SAHARA-10.02%
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DefiPlaybookvip
· 6h ago
Another coin that is being firmly suppressed by the moving averages, this is a typical powerless rebound. The selling pressure is so heavy, it feels like we have to wait for Large Investors to enter, otherwise, continuing to probe the bottom is just a matter of time. From 0.0848 it has directly plummeted to now, how many suckers must be trapped at the peak, it's pitiful. Do you really want to break through 0.06? It needs institutional-level buy orders to hold it up; relying on retail investors to pump it is hopeless. To be honest, this kind of trading volume depletion trend, I don't even want to look at it now, it's too tormenting.
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NFTRegretDiaryvip
· 6h ago
Sahara is really suffering this time, it dropped directly from 0.0848 to around 0.040 and is still struggling, the Trading Volume has been declining, it feels like no one is catching a falling knife.
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RegenRestorervip
· 6h ago
This drop is too severe, going from 0.0848 directly to 0.0347, and now it's really painful to see it hovering around 0.040. The selling pressure is so intense that I can't buy in, and if it can't break 0.06, it all feels pointless.
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