$SAND just made a massive move — then got rejected at the highs. 👀
Price: $0.07405
24h: +15.25%
24h High: $0.08396
24h Low: $0.05939
24h Volume: ~$83.8M USDT
What caught my attention wasn't just the +15%.
SAND had been moving sideways around the $0.04 area for days.
Then the volume exploded.
Price pushed sharply higher, broke through the previous range, and eventually reached $0.08396.
But the highs were rejected.
Now SAND is pulling back, sitting below the MA7 at ~$0.0774 — while still holding above the MA25 at ~$0.0696 and well above the MA99 at ~$0.0511.
That's the important part for me.
🟢 Scenario A
If SAND holds the ~$0.0695–0.0700 area around the MA25 and starts reclaiming ~$0.0775, the market could retest the $0.08396 high.
🔴 Scenario B
If ~$0.0695 fails, I'd watch the previous breakout area and then the ~$0.06 region.
My read:
This is a strong expansion move, but the long upper rejection tells me not to confuse a powerful pump with a confirmed trend.
I'd rather see SAND build support after the breakout than chase the candle after the move.
Volume is still elevated, so this is definitely a chart worth watching.
I couldn't find a clear catalyst from the chart itself, so I'm treating this as price action rather than assuming a reason for the move.
Breakout continuation — or just a violent squeeze? 👇
#SAND #TheSandbox #Crypto #trading
Price: $0.07405
24h: +15.25%
24h High: $0.08396
24h Low: $0.05939
24h Volume: ~$83.8M USDT
What caught my attention wasn't just the +15%.
SAND had been moving sideways around the $0.04 area for days.
Then the volume exploded.
Price pushed sharply higher, broke through the previous range, and eventually reached $0.08396.
But the highs were rejected.
Now SAND is pulling back, sitting below the MA7 at ~$0.0774 — while still holding above the MA25 at ~$0.0696 and well above the MA99 at ~$0.0511.
That's the important part for me.
🟢 Scenario A
If SAND holds the ~$0.0695–0.0700 area around the MA25 and starts reclaiming ~$0.0775, the market could retest the $0.08396 high.
🔴 Scenario B
If ~$0.0695 fails, I'd watch the previous breakout area and then the ~$0.06 region.
My read:
This is a strong expansion move, but the long upper rejection tells me not to confuse a powerful pump with a confirmed trend.
I'd rather see SAND build support after the breakout than chase the candle after the move.
Volume is still elevated, so this is definitely a chart worth watching.
I couldn't find a clear catalyst from the chart itself, so I'm treating this as price action rather than assuming a reason for the move.
Breakout continuation — or just a violent squeeze? 👇
#SAND #TheSandbox #Crypto #trading
