$SAND about to dip 9%? 😱

The Sandbox has flashed a bearish Hyper Scalper signal on the 1H chart at 11am UTC.

Overall, the signal has a high reliability. Moreover, backtests show a 82% win rate of the signal. The backtests results are based on 34 signals which furthermore underpins the reliability.

Moreover, the token is a downtrend and experiences a strong trend momentum (ADX).

Based on the chart, the next resistance is at ~0.4. Accordingly, the trade has a potential of ~9%.

However, based on the bullish market a tight stop loss should be used (0.46).

As a result, the trade has a risk/reward ratio of >3.