$SAND #SAND 📉
Direction: SHORT
Entry zone: 0.041132 to 0.041297
Stop loss: 0.041833
Target 1: 0.040391
Target 2: 0.039772
The Sandbox is trading near 0.041215 dollars, down 3.23 percent in 24 hours and down 10.83 percent over 7 days, inside a range of 0.041198 to 0.042776 dollars, and the recent closes show a slow grind lower, 0.041679, then 0.04174, then 0.041779, then 0.041289, then 0.041215. 🔴 My reading is that SAND is weak while the market is in fear, because it lost almost 11 percent this week on 27.8 million dollars of volume and is now sitting right on its range low, with no momentum to save it tonight. A short from the current zone, with a stop above 0.041833, targets 0.040391 first and then 0.039772 if sellers push through the range low. A rise above 0.041833 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does The Sandbox fall to 0.040391 first, or rise above 0.041833? 🤔
Follow for more trades.
#TheSandbox #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.041132 to 0.041297
Stop loss: 0.041833
Target 1: 0.040391
Target 2: 0.039772
The Sandbox is trading near 0.041215 dollars, down 3.23 percent in 24 hours and down 10.83 percent over 7 days, inside a range of 0.041198 to 0.042776 dollars, and the recent closes show a slow grind lower, 0.041679, then 0.04174, then 0.041779, then 0.041289, then 0.041215. 🔴 My reading is that SAND is weak while the market is in fear, because it lost almost 11 percent this week on 27.8 million dollars of volume and is now sitting right on its range low, with no momentum to save it tonight. A short from the current zone, with a stop above 0.041833, targets 0.040391 first and then 0.039772 if sellers push through the range low. A rise above 0.041833 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does The Sandbox fall to 0.040391 first, or rise above 0.041833? 🤔
Follow for more trades.
#TheSandbox #Crypto #FuturesTrading #TradingSignals
