*$SAND SHORT-TERM PULLBACK SIGNAL*
SAND just exploded toward $0.08396 and is now pulling back around $0.07290.
The 1H structure is still bullish overall, but momentum is cooling:
* Price below MA7 at ~$0.07493
* MA25 still below at ~$0.06987
* Massive breakout volume remains visible
This is the level I’m watching:
* Short entry: $0.0745-$0.0760 rejection
* Stop Loss: $0.0785
* Invalidation: 1H close above $0.0785
* TP1: $0.0700
* TP2: $0.0660
* TP3: $0.0600
If $0.0760 flips into support with strong volume, I would cancel the short idea.
The news is actually bullish: South Korean exchanges lifted their SAND trading warnings after a six-week review, triggering a huge rally. But with SAND already up more than 60% and leverage elevated, a sharp pullback is still possible.
$0.0760 is the battle zone.
Reject it = pullback continues.
Reclaim it = bulls regain control.
$SAND #USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal #BitcoinParesGainsAfterRallyTo$86.5K #SECProposesCryptoCustodyRules
SAND just exploded toward $0.08396 and is now pulling back around $0.07290.
The 1H structure is still bullish overall, but momentum is cooling:
* Price below MA7 at ~$0.07493
* MA25 still below at ~$0.06987
* Massive breakout volume remains visible
This is the level I’m watching:
* Short entry: $0.0745-$0.0760 rejection
* Stop Loss: $0.0785
* Invalidation: 1H close above $0.0785
* TP1: $0.0700
* TP2: $0.0660
* TP3: $0.0600
If $0.0760 flips into support with strong volume, I would cancel the short idea.
The news is actually bullish: South Korean exchanges lifted their SAND trading warnings after a six-week review, triggering a huge rally. But with SAND already up more than 60% and leverage elevated, a sharp pullback is still possible.
$0.0760 is the battle zone.
Reject it = pullback continues.
Reclaim it = bulls regain control.
$SAND #USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal #BitcoinParesGainsAfterRallyTo$86.5K #SECProposesCryptoCustodyRules
