THE SANDBOX $SAND REJECTING UPPER RESISTANCE AND SLIPPING BELOW SHORT-TERM MAS ARE BEARS TARGETING $0.06225 NEXT?
Pair: $SAND /USDT
Direction: SHORT
Entry Price: 0.07512
Target Levels (Take Profit)
TP 1: 0.07029 6.43%
TP 2: 0.06707 10.72%
TP 3: 0.06225 17.13%
Stop Loss
SL: 0.08156
Technical Breakdown
SAND ($0.07515) reached a local peak near $0.08500 before rolling over into a lower-high consolidation pattern. The loss of buying strength has pushed current candles beneath the middle Bollinger Band (BB 20), opening room toward the lower baseline support levels.
Short-term MA 7 and MA 25 have flattened and are curling downward directly over current price action around $0.0760–$0.0780. A continued push downward opens the path toward testing the long-term baseline MA 99 (~0.0620).
RSI (14) has sloped downward past the 50.00 mid-line toward 42.00, reflecting increasing seller influence and waning demand. The MACD histogram continues printing red bars beneath the zero line with signal lines expanding downward, confirming building bearish momentum.
$SAND
Pair: $SAND /USDT
Direction: SHORT
Entry Price: 0.07512
Target Levels (Take Profit)
TP 1: 0.07029 6.43%
TP 2: 0.06707 10.72%
TP 3: 0.06225 17.13%
Stop Loss
SL: 0.08156
Technical Breakdown
SAND ($0.07515) reached a local peak near $0.08500 before rolling over into a lower-high consolidation pattern. The loss of buying strength has pushed current candles beneath the middle Bollinger Band (BB 20), opening room toward the lower baseline support levels.
Short-term MA 7 and MA 25 have flattened and are curling downward directly over current price action around $0.0760–$0.0780. A continued push downward opens the path toward testing the long-term baseline MA 99 (~0.0620).
RSI (14) has sloped downward past the 50.00 mid-line toward 42.00, reflecting increasing seller influence and waning demand. The MACD histogram continues printing red bars beneath the zero line with signal lines expanding downward, confirming building bearish momentum.
$SAND
