Let’s talk about $SAND ’s price action: up 12.7% in 24 hours, with buyers and sellers fiercely contesting the area around 0.06234.
This kind of level really tests your judgment: chase it and you worry about a pullback; stay out and you worry about missing the move. My take is to first watch whether volume can hold up, then see whether 0.06234 holds or gives way. In a trending market, going with the trend is always easier than trying to call tops and bottoms.
Just sharing thoughts—what’s your trading strategy? #SAND
For discussion only; this is not investment advice.
This kind of level really tests your judgment: chase it and you worry about a pullback; stay out and you worry about missing the move. My take is to first watch whether volume can hold up, then see whether 0.06234 holds or gives way. In a trending market, going with the trend is always easier than trying to call tops and bottoms.
Just sharing thoughts—what’s your trading strategy? #SAND
For discussion only; this is not investment advice.