I'm going again LONG on $SAND here đ
Last trade shared $SAND Long All TPs Done â
TP1: $0.0730
TP2: $0.0755
SL: $0.0660
You know why I'm watching SAND for a LONG?
After the aggressive move toward $0.088, sellers took control and pushed price back down. But now SAND is consolidating around $0.068 instead of continuing to collapse.
Here's the interesting part.
The 5 MA is around $0.06778, the 10 MA is near $0.06835, and the 30 MA is around $0.06985.
Price is sitting near the short-term averages, while the 30 MA is acting as overhead resistance.
That creates a key decision zone.
If buyers reclaim $0.070 and hold it on a retest, it could signal that momentum is shifting. The next areas I'm watching are $0.073 and $0.0755, where price may encounter fresh selling pressure.
But I'm not buying just because the candles look stable.
I want to see resistance turn into support first.
If the breakout fails, the long thesis weakens. If buyers confirm the reclaim, the setup becomes much more interesting.
Patience first. Confirmation second. Entry last. đ
Last trade shared $SAND Long All TPs Done â
TP1: $0.0730
TP2: $0.0755
SL: $0.0660
You know why I'm watching SAND for a LONG?
After the aggressive move toward $0.088, sellers took control and pushed price back down. But now SAND is consolidating around $0.068 instead of continuing to collapse.
Here's the interesting part.
The 5 MA is around $0.06778, the 10 MA is near $0.06835, and the 30 MA is around $0.06985.
Price is sitting near the short-term averages, while the 30 MA is acting as overhead resistance.
That creates a key decision zone.
If buyers reclaim $0.070 and hold it on a retest, it could signal that momentum is shifting. The next areas I'm watching are $0.073 and $0.0755, where price may encounter fresh selling pressure.
But I'm not buying just because the candles look stable.
I want to see resistance turn into support first.
If the breakout fails, the long thesis weakens. If buyers confirm the reclaim, the setup becomes much more interesting.
Patience first. Confirmation second. Entry last. đ