$SAND Bearish Setup: Lower Highs Still Control the Chart
My bias remains bearish as 1H, daily, and weekly structures continue printing lower highs and lower lows. The -0.261% funding shows crowded shorts, which could trigger a short squeeze bounce, but it does not invalidate the broader downtrend.
Watch the 0.0423–0.0431 zone for a liquidity sweep and bearish rejection. Targets: 0.04126, 0.04091, 0.03828, and 0.03780.
Invalidation: A clean 1H close above 0.04685 would flip the setup bullish. Avoid chasing green candles into resistance.
#SAND #CryptoTrading #Altcoins #Binance #Trading $SAND
My bias remains bearish as 1H, daily, and weekly structures continue printing lower highs and lower lows. The -0.261% funding shows crowded shorts, which could trigger a short squeeze bounce, but it does not invalidate the broader downtrend.
Watch the 0.0423–0.0431 zone for a liquidity sweep and bearish rejection. Targets: 0.04126, 0.04091, 0.03828, and 0.03780.
Invalidation: A clean 1H close above 0.04685 would flip the setup bullish. Avoid chasing green candles into resistance.
#SAND #CryptoTrading #Altcoins #Binance #Trading $SAND