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Let's analyse SAGAUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets,” that provide applications with infinite horizontal scalability. Each Chainlet is a replica of the Saga Mainnet, with the same validator set and security model.
TECHNICAL ANALYSIS:
SAGA is currently trading above key moving averages, including the 50-day and 100-day MAs. These MAs are acting as support levels, indicating a potential bullish trend. The price is in a strong buying zone, and the Relative Strength Index is also at a support level. A rebound towards the resistance level is anticipated.
Entry Zone:
CMP to $1.87
Resistance Levels:
$3.35
$4.63
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyse SAGAUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets,” that provide applications with infinite horizontal scalability. Each Chainlet is a replica of the Saga Mainnet, with the same validator set and security model.
TECHNICAL ANALYSIS:
SAGA is currently trading above key moving averages, including the 50-day and 100-day MAs. These MAs are acting as support levels, indicating a potential bullish trend. The price is in a strong buying zone, and the Relative Strength Index is also at a support level. A rebound towards the resistance level is anticipated.
Entry Zone:
CMP to $1.87
Resistance Levels:
$3.35
$4.63
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
Note
perfect 20% bounce seen at this support level.Note
Target 1 achieved!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.