Breadth is weak, with 91.6% of spot USDT pairs in the red.

The +17.4% on $SAND is intact, with price only 0.39% below the day's peak.
$OSMO at 0.0454 is holding above the day's VWAP (0.04292); dips toward the VWAP are where buyers have been stepping in.
$ERA swung 22.8% from low to high today. That kind of volatility punishes tight stops.

On a red board, anything holding up is information and anything falling is just following the tape.