SAHARA +52.77% in 24 Hours Amid Sharp Bull Run and High Trading Activity

On SEP 6 2025, SAHARA rose by 52.77% within 24 hours to reach $0.09112, marking a dramatic upsurge driven by sustained buying pressure and strong short-term momentum. Over the last week, the token surged by 328.65%, while its one-month and one-year gains reached 749.74% and 36,670% respectively. The rapid price appreciation has drawn attention from both retail and institutional observers, with the token now trading near key resistance levels.

Technical indicators suggest a continuation of the bullish trend. On-chain data shows a steady accumulation of SAHARA on major exchanges, suggesting growing institutional and large-cap investor interest. The Relative Strength Index (RSI) has moved into overbought territory, indicating potential for a pullback or consolidation phase. However, the moving average convergence divergence (MACD) remains positive and trending upward, reinforcing the near-term optimism. Analysts project that a sustained close above $0.095 could trigger further buying activity and test psychological levels above $0.10.

The sharp rise in SAHARA’s price has not been without volatility. The token experienced multiple intraday pullbacks during the 7-day period but has consistently rebounded with increased volume. This pattern suggests strong buyer participation and a lack of significant selling pressure at current levels. Traders are closely monitoring price action at key Fibonacci retracement levels, with the 0.618 level serving as a potential support zone in the event of a correction.

Backtest Hypothesis
A backtesting strategy focused on momentum and volume signals has been developed based on SAHARA's recent price action. The strategy is designed to enter long positions when the 20-period moving average crosses above the 50-period moving average, and volume increases by at least 30% above the 14-day average. Exits are triggered when the RSI exceeds 70 for two consecutive periods, indicating overbought conditions. The strategy also includes a trailing stop-loss at 5% below the most recent swing high to lock in gains during volatile periods.

This approach aligns with SAHARA’s recent behavior, where momentum and volume have been the primary drivers of price. The strategy has been tested using historical data from the past 30 days and has shown a positive Sharpe ratio, indicating a favorable risk-adjusted return profile. Given the recent surge, the backtest suggests that a structured long-biased approach could capture a significant portion of the upward trend while managing downside risk.