Market Overview for Sahara AI/Tether (SAHARAUSDT) – 2025-11-08

Summary
• Price dipped from $0.0807 to $0.07605 overnight, closing near 0.07695.
• A large-volume breakdown below key resistance confirmed bearish momentum.
• RSI and MACD signaled oversold conditions, suggesting potential short-term bounce.

Sahara AI/Tether (SAHARAUSDT) opened at $0.08001 on 2025-11-07 at 12:00 ET and reached a high of $0.08153 before falling to a 24-hour low of $0.07605. The pair closed at $0.07695 on 2025-11-08 at 12:00 ET. Total traded volume amounted to ~64.8 million units, with notional turnover reaching $5.1 million.

The price action over the past 24 hours featured a sharp bearish trend, punctuated by a large-volume 15-minute candle on 2025-11-07 at 18:45 ET, which gapped lower to $0.07869. This candle closed near its low, signaling strong bearish conviction. A subsequent pullback found support at the 0.0765–0.0770 cluster, where buyers appear to have entered, forming a possible short-term base.

On the 15-minute chart, the 20-period and 50-period moving averages both trended lower throughout the session, reinforcing the bearish bias. The 50-period moving average crossed below the 20-period, indicating a potential short-term downtrend. MACD turned negative, with a bearish crossover and a widening histogram, while RSI hit oversold territory below 30 by late ET, hinting at a possible rebound.

Bollinger Bands widened significantly during the sharp drop, with price falling below the lower band. Volatility has since compressed, suggesting a potential consolidation phase. Volume distribution shows higher participation during the breakdown phase, though recent volume has moderated as the price has stabilized. A Fibonacci retracement of the earlier $0.0807–$0.07605 move shows key levels at 38.2% (~0.0787) and 61.8% (~0.0775), which may be pivotal in the near term.

Backtest Hypothesis

To refine entry strategies for SAHARAUSDT, a MACD-based system could be tested. A common approach is to use the MACD histogram’s change in direction—particularly a “death cross” when the MACD line crosses below the signal line—as a sell trigger. Historical testing from 2022-01-01 to 2025-11-08 may provide insight into how this signal performs, especially in high-volatility environments like the one observed in the 15-minute time frame. The current bearish MACD crossover may suggest a short-term continuation of the downtrend, though RSI’s oversold reading could offer a cautious long-entry setup if prices rebound from the 0.0765–0.0770 support.

In the next 24 hours, SAHARAUSDT could test the 0.0765–0.0770 level for confirmation of a potential base. A break above 0.0783 may trigger a pullback, while a retest of the 0.07605 low could signal further bearish momentum. Investors should remain cautious, as the broader trend remains bearish, and sudden volume spikes may indicate increased selling pressure.