$SAND has a strong bullish bias. Recent price action has formed higher lows, indicating that the broader uptrend remains intact
· After bottoming at 0.064, the price staged a V-shaped recovery and broke through the psychological 0.070 level. It is now consolidating around 0.072, facing immediate resistance at 0.075 (the recent swing high)
🐂 Trading scenario: Long (preferred)
· $SAND long entry: 0.070–0.072
· Stop-loss: Below 0.064 (the recent swing low)
· Take profit 1: 0.075 (the recent local high)
· Take profit 2: 0.083 (the previous major resistance zone)
🐻 $SAND short scenario: The bullish thesis is invalidated only if the price fails to hold the 0.070 support and falls below the 0.064 swing low, which could then lead to a deeper correction
Support me—trade here 👇#sand #sandbox
· After bottoming at 0.064, the price staged a V-shaped recovery and broke through the psychological 0.070 level. It is now consolidating around 0.072, facing immediate resistance at 0.075 (the recent swing high)
🐂 Trading scenario: Long (preferred)
· $SAND long entry: 0.070–0.072
· Stop-loss: Below 0.064 (the recent swing low)
· Take profit 1: 0.075 (the recent local high)
· Take profit 2: 0.083 (the previous major resistance zone)
🐻 $SAND short scenario: The bullish thesis is invalidated only if the price fails to hold the 0.070 support and falls below the 0.064 swing low, which could then lead to a deeper correction
Support me—trade here 👇#sand #sandbox