I watched $SAHARA drop from 0.04 to 0.013 in a single session. The team blamed a bridge transfer. The market didn't care. CHIP, on the other hand, had its own surge days ago and is now compressing. Two different stories. One is still bleeding. The other is waiting for a direction. I don't guess. I wait for a clean 4H close outside the range.
Current levels: SAHARA ≈ 0.02058 | CHIP ≈ 0.03679
SAHARAUSDT (4H) — Crash aftermath, price hovering near range low
On June 9, SAHARA flash crashed more than 60 percent in an hour, triggered by a 600 million token transfer to a Chainlink CCIP bridge contract. The team denied any insider selling, but the market sold first and asked questions later. Over 22 million dollars in long positions were liquidated. The next token unlock on June 26, releasing 1.03 billion tokens (about 10 percent of total supply), adds ongoing supply pressure.
The 4‑hour chart shows price now at 0.02058, far below the 0.03881 high. Bollinger Bands are wide, indicating high volatility. The range is now defined by resistance at 0.03217 and support at 0.01298. A close above 0.03217 would signal exhaustion of selling pressure. A close below 0.01298 would open the door to new lows.
Key Levels
Resistance: 0.03217 → 0.03901 → 0.04586
Support: 0.02058 → 0.01298 → 0.01163
Trade Triggers
· Bull Setup: 4H candle close ABOVE 0.03217
· Bear Setup: 4H candle close BELOW 0.01298
Bull Plan $SAHARA
Trigger: 4H close above 0.03217
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest of 0.03217–0.0300 (hold required)
Stop‑Loss: 0.0250
Targets: 0.03901 → 0.04586
Invalidation: price closes back below 0.03217
Bear Plan (SAHARA)
Trigger: 4H close below 0.01298
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest sell zone 0.01298–0.0135 (reject required)
Stop‑Loss: 0.0160
Targets: 0.01163 → 0.0100
Invalidation: price reclaims and closes back above 0.01298
Execution Rules
· No trades inside 0.01298–0.03217
· Wait for 4H close confirmation
· Retest first — never chase
Trade here ⤵
CHIPUSDT (4H) — Pullback after surge, price coiling at mid-range
CHIP saw a strong rally in late May, reaching a high of 0.05122, but has since pulled back. The 4‑hour chart shows price now at 0.03679, trading near the middle of the Bollinger Bands. The lower band sits at 0.02795, the upper band at 0.03551. A recent surge a few days ago collapsed completely, and the token is now searching for a base. The range is defined by resistance at 0.03753 and support at 0.03260.
Key Levels
Resistance: 0.03753 → 0.04246 → 0.04739
Support: 0.03260 → 0.02907 → 0.02766
Trade Triggers
· Bull Setup: 4H candle close ABOVE 0.03753
· Bear Setup: 4H candle close BELOW 0.03260
Bull Plan $CHIP
Trigger: 4H close above 0.03753
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest of 0.03753–0.0365 (hold required)
Stop‑Loss: 0.0340
Targets: 0.04246 → 0.04739
Invalidation: price closes back below 0.03753
Bear Plan (CHIP)
Trigger: 4H close below 0.03260
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest sell zone 0.03260–0.0335 (reject required)
Stop‑Loss: 0.0350
Targets: 0.02907 → 0.02766
Invalidation: price reclaims and closes back above 0.03260
Execution Rules
· No trades inside 0.03260–0.03753
· Wait for 4H close confirmation
· Retest first — never chase
Trade here ⤵
A breakout that holds a retest with volume is continuation. A close back inside the zone is a trap — exit immediately.
Your plan for SAHARA or CHIP: Which side are you waiting for, and what is your invalidation level?
Educational only. Not financial advice. Manage risk.