$SAND just broke out hard.
Price ripped from ~$0.043 to $0.07340, marking a 61%+ 24H move and breaking above the key $0.0575 resistance.
đ Technical picture:
⢠Strong 4H breakout
⢠Massive volume expansion
⢠$0.0687 now becomes the key pivot
⢠Resistance: $0.0734 â $0.0754
⢠Support: $0.0575 â $0.0485
A clean hold above $0.0687 could keep the breakout structure intact, while rejection may trigger a retest of $0.0575.
Momentum is clearly with the bulls, but after a move this vertical, volatility can be extreme.
#BTC Price Analysis# #Macro Insights#
Price ripped from ~$0.043 to $0.07340, marking a 61%+ 24H move and breaking above the key $0.0575 resistance.
đ Technical picture:
⢠Strong 4H breakout
⢠Massive volume expansion
⢠$0.0687 now becomes the key pivot
⢠Resistance: $0.0734 â $0.0754
⢠Support: $0.0575 â $0.0485
A clean hold above $0.0687 could keep the breakout structure intact, while rejection may trigger a retest of $0.0575.
Momentum is clearly with the bulls, but after a move this vertical, volatility can be extreme.
#BTC Price Analysis# #Macro Insights#
