Market Overview for Sahara AI/Tether (SAHARAUSDT)

Summary
• Price opened at $0.07819, peaked at $0.07925, and closed at $0.07901 after 24 hours.
• Total volume reached 9,273,014 units, with notional turnover of $718,000.
• Volatility expanded in the early morning with a sharp intraday high.
• Momentum signals showed a bullish bias in the early session but faded by afternoon.
• Volume increased in line with price surges, confirming strength in key upward moves.

Opening & Closing Performance

Sahara AI/Tether (SAHARAUSDT) opened at $0.07819 on 2025-11-09 at 12:00 ET-1 and climbed steadily to a high of $0.07925 by early morning. The 24-hour session closed at $0.07901 on 2025-11-10 at 12:00 ET, posting a modest gain. Total volume for the session was 9,273,014 units, with a notional turnover of approximately $718,000, indicating moderate participation in the market.

Structure & Formations

The 15-minute chart displayed a series of bullish consolidation patterns in the early hours of the session, including a bullish engulfing pattern at $0.0786–$0.0788. A key support level appears to be forming around $0.0784, while resistance was tested at $0.0791–$0.0792 before consolidating. A doji at $0.07899 suggested indecision, and price subsequently corrected slightly.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs showed a bullish crossover during the session’s peak, indicating short-term bullish momentum. The 50-period SMA, at $0.0786, provided a baseline for price action, while the 100- and 200-period SMAs (if available) would provide further context for medium-term direction. Price remained above the 20-period SMA for most of the session, suggesting bullish bias.

Momentum & Volatility

While specific MACD data was unavailable for the symbol, observed price action implied a potential golden cross in the early morning session. RSI reached a high of 62, indicating moderate bullish momentum without entering overbought territory. Volatility, as measured by the range of Bollinger Bands, expanded during the peak hours, with price briefly breaching the upper band before retreating.

Volume & Turnover

Volume spiked during the session’s upward leg, particularly between 03:15 and 05:15 ET, confirming the strength of the bullish move. Turnover also increased in line with volume, showing that higher prices were backed by sufficient liquidity. A divergence between volume and price was not observed during the session, suggesting strong conviction in the move.

Fibonacci Retracements

Applying Fibonacci retracement levels to the key swing from $0.07812 to $0.07925, the 38.2% and 61.8% levels fell at $0.07868 and $0.07895, respectively. Price found support near the 38.2% level and consolidated around the 61.8% level, suggesting potential for further movement in either direction depending on market sentiment.

Backtest Hypothesis

The absence of MACD data for SAHARAUSDT complicates the implementation of a golden-cross-based backtest strategy. However, based on the observed price action, a hypothetical MACD golden-cross strategy would likely target entries during early bullish divergences, such as the one seen at $0.0786–$0.0788. For a more accurate and data-driven backtest, the platform requires confirmation of the correct symbol format or the provision of OHLCV data in a standard format. Once this is resolved, a precise backtest could be executed using the 15-minute chart and standard technical indicators.