Sahara AI Token $SAHARA rebounded 8.19% in the past 24 hours, breaking the 63% decline on the monthly chart. Several factors contributed to this surge: a series of short squeezes triggered a wave of buying, combined with a natural correction from market oversold conditions, and the project team’s orderly progress.
What is the most direct catalyst? A $6.3M liquidation order in the short term triggered rapid reverse buying pressure. When short positions are forcibly closed, it often causes a chain reaction, and market sentiment can quickly reverse. From a technical perspective, rebounds after consecutive declines are usually strong, and the performance of $SAHARA this time confirms this. The project team’s involvement also adds expected support for the subsequent trend.
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NonFungibleDegen
· 5h ago
ngl ser, $6.3M liquidations hitting different... probably nothing but also maybe everything? floor price still down bad tho, not even gonna check my wallet rn lol
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SchrodingerWallet
· 15h ago
Excited about an 8-point rebound? What about a 63% drop in a month...
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ProbablyNothing
· 12-18 05:52
Shorts get liquidated and then the market is rescued—I've seen this trick way too many times.
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degenwhisperer
· 12-18 05:51
Short squeeze this time is really exciting, an 8% rebound saved so many people.
Sahara AI Token $SAHARA rebounded 8.19% in the past 24 hours, breaking the 63% decline on the monthly chart. Several factors contributed to this surge: a series of short squeezes triggered a wave of buying, combined with a natural correction from market oversold conditions, and the project team’s orderly progress.
What is the most direct catalyst? A $6.3M liquidation order in the short term triggered rapid reverse buying pressure. When short positions are forcibly closed, it often causes a chain reaction, and market sentiment can quickly reverse. From a technical perspective, rebounds after consecutive declines are usually strong, and the performance of $SAHARA this time confirms this. The project team’s involvement also adds expected support for the subsequent trend.