$SAND | LONG Scalp
Demand Zone 0.071-0.074 is currently a short-term support zone.
The declining trendline is putting pressure on the price. SAND is currently testing the 0.077-0.080 area, where there is an intersection between the trendline and a short-term resistance zone.
✅ Bullish scenario
If the price clearly breaks the trendline and holds above it, then a successful retest:
TP1: 0.080
TP2: 0.085
TP3: 0.090
TP4: 0.100
❌ Bearish scenario
If the trendline rejects the price and the Demand Zone is lost:
It may return to 0.071-0.074 to look for liquidity.
If Demand is broken strongly, the 0.064 - 0.06 zone will become an area to pay attention to.
Personally, I will look for an opportunity in this zone and take partial profits at 0.083-0.085, then move my BE to wait for the next price reaction to decide whether to continue holding up to 0.1. Since this is a coin with high volatility, capital protection remains the priority if there is profit.
DYOR - NFA.
#sand #ScalpingTrading
Demand Zone 0.071-0.074 is currently a short-term support zone.
The declining trendline is putting pressure on the price. SAND is currently testing the 0.077-0.080 area, where there is an intersection between the trendline and a short-term resistance zone.
✅ Bullish scenario
If the price clearly breaks the trendline and holds above it, then a successful retest:
TP1: 0.080
TP2: 0.085
TP3: 0.090
TP4: 0.100
❌ Bearish scenario
If the trendline rejects the price and the Demand Zone is lost:
It may return to 0.071-0.074 to look for liquidity.
If Demand is broken strongly, the 0.064 - 0.06 zone will become an area to pay attention to.
Personally, I will look for an opportunity in this zone and take partial profits at 0.083-0.085, then move my BE to wait for the next price reaction to decide whether to continue holding up to 0.1. Since this is a coin with high volatility, capital protection remains the priority if there is profit.
DYOR - NFA.
#sand #ScalpingTrading
