SAROS price is trading at $0.402, holding firmly above the $0.401 support level. This support has remained intact for over a week, indicating strong investor confidence. The stability provides a foundation for SAROS to attempt recovery.
The altcoin is only 8.6% away from its all-time high of $0.436. With the 50-day EMA positioned well below current levels, acting as support, SAROS has technical strength. A bounce off $0.401 could allow the token to retest the ATH this week, boosting investor sentiment further.
However, risks remain if bullish momentum weakens. SAROS price could slip under $0.401 support and extend losses to $0.377. Such a drop would invalidate the bullish thesis, signaling a potential bearish reversal.
The altcoin is only 8.6% away from its all-time high of $0.436. With the 50-day EMA positioned well below current levels, acting as support, SAROS has technical strength. A bounce off $0.401 could allow the token to retest the ATH this week, boosting investor sentiment further.
However, risks remain if bullish momentum weakens. SAROS price could slip under $0.401 support and extend losses to $0.377. Such a drop would invalidate the bullish thesis, signaling a potential bearish reversal.
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Leader in crypto news, award winning journalism in 26 languages.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.