$SAND is facing massive resistance from bears
Short $SAND
Entry: 0.068 โ 0.078
SL: 0.088
TP1: 0.0610
TP2: 0.0570
TP3: 0.0530
TP4: 0.0495
Why:
$SAND has exploded more than 50% and is now trading right below the fresh 0.06647 high. This is an extended 4H move, with price stretched far above MA7 at 0.04943, MA25 at 0.04519 and MA99 at 0.04193. MACD remains strongly bullish with DIF 0.00283 above DEA 0.00084, so this is a counter-trend short and should be managed with strict risk. The key confirmation would be a rejection around 0.0665 followed by weakness below 0.0610.
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#Altcoin Season#
Short $SAND
Entry: 0.068 โ 0.078
SL: 0.088
TP1: 0.0610
TP2: 0.0570
TP3: 0.0530
TP4: 0.0495
Why:
$SAND has exploded more than 50% and is now trading right below the fresh 0.06647 high. This is an extended 4H move, with price stretched far above MA7 at 0.04943, MA25 at 0.04519 and MA99 at 0.04193. MACD remains strongly bullish with DIF 0.00283 above DEA 0.00084, so this is a counter-trend short and should be managed with strict risk. The key confirmation would be a rejection around 0.0665 followed by weakness below 0.0610.
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#Altcoin Season#
