$SAHARA Analysis point view on the market🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
🔍 What the Chart Shows
1. Extreme Volatility / Likely Listing Pump
Price spiked aggressively from around 0.02000 up to 0.16756.
That’s a massive pump (over +700%), typical of:
New listings
Low-liquidity tokens
Hype-driven moves
2. Sharp Dump After the Peak
Immediately after the top, there is:
A long red candle
Followed by consecutive bearish candles
Current price: ~0.02798
The chart shows a ~67% drawdown from recent levels, and over -85% from the peak.
👉 This strongly suggests profit-taking + weak follow-through demand.
3. Volume Analysis (Very Important)
Huge volume spike during the pump.
Volume collapsed rapidly afterward.
Falling volume during the drop =
❌ No strong buyers stepping in yet
❌ Weak support formation
4. Parabolic SAR (SAR) Indicator
SAR dots are above the price.
This confirms:
Bearish trend
Downtrend still active
No SAR flip yet → trend has not reversed
5. Key Levels
Support
Around 0.02000 (previous base & psychological level)
If this breaks → risk of new lows
Resistance
0.030 – 0.035 (current rejection zone)
Strong resistance near 0.05+ (previous breakdown area)
📊 Market Structure Summary
Trend: Bearish (short-term & mid-term)
Structure: Pump → Distribution → Dump
Momentum: Weak
Risk: High (especially for late buyers)
⚠️ Trading Insight (Not Financial Advice)
This is not a confirmed bottom
Any bounce right now is likely a dead-cat bounce
Safer approach:
Wait for consolidation
Watch for higher lows + volume return
SAR flip + strong bullish candle confirmation