SAGA / TetherUS
Long

SAGAUSDT — Descending Triangle: Preparing for a Major Move?

44
📌 Market Context

On the 2D timeframe, SAGA/USDT has been in a prolonged downtrend since late 2024 into early 2025. Recently, price action has formed a descending triangle: consistent lower highs pressing down against a flat demand zone at 0.22–0.24.

This structure reflects seller dominance (lower highs) while buyers continue to defend the same support. As price compresses into the apex of the triangle, volatility shrinks — signaling that a major move is imminent, either bullish breakout or bearish breakdown.

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📊 Technical Structure & Key Levels

Key Demand Zone: 0.22 – 0.24 (highlighted in yellow)

Next Supports: 0.1835 (previous low), extension toward ~0.135 if breakdown accelerates

Stepwise Resistances:

0.3056 → first bullish validation

0.3993 → strong horizontal resistance

0.6508 → measured move confluence from triangle height

1.2263 → higher timeframe resistance

1.6265 → major resistance zone

2.7333 & 3.2828 → ambitious targets if macro bullish cycle resumes


Downtrend Line: descending resistance from multi-month highs, currently near 0.26–0.28

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🟢 Bullish Scenario

Trigger:

Breakout above the downtrend line and a 2D close above 0.3056


Confirmation:

Increased volume + successful retest turning 0.27–0.305 into support


Targets:

T1: 0.3993

T2: 0.6508 (measured move projection)

T3: 1.2263 if momentum extends further


Alternative setup:

A fake breakdown below 0.22 followed by a quick reclaim above 0.23–0.24 could trigger a bear trap and squeeze price towards 0.3056/0.3993


Invalidation:

Failure above 0.3056 with price falling back under 0.26

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🔴 Bearish Scenario

Trigger:

A decisive 2D close below 0.22 (triangle floor breakdown)


Confirmation:

Retest into 0.22–0.24 fails, flipping the zone into supply


Targets:

T1: 0.1835 (prior low)

T2: ~0.135 if sellers maintain pressure


Invalidation:

Price reclaims 0.24–0.26 with sustained strength

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⚖️ Conclusion

The descending triangle on SAGAUSDT is now nearing completion, with price action coiling tightly around the 0.22–0.24 demand zone. Historically, this pattern favors continuation to the downside, but a bullish reversal remains possible if buyers reclaim control with a breakout above 0.3056.

In setups like this, traders often prepare for both scenarios instead of guessing direction:

React to the confirmed breakout or breakdown

Define clear invalidation levels for strict risk management


The market is reaching its decision point — the next move could be explosive.

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