$SAND just woke up
Up ~48% in 24h, from 0.0423 to 0.0636, and the gaming sector is leading the gainers list.
What the 15m chart shows:
- Vertical move. It ran from ~0.044 to 0.065 in a few hours on 22M USDT volume, so this wasn't a thin pump.
- Healthy cooling. After tapping 0.06545, price is consolidating just above MA(7), with no panic selling.
- Momentum pausing. MACD is flat at 0, with DIF and DEA both at 0.00424. The move has run hot and is now catching its breath.
- Levels to watch: 0.06545 is resistance, and a clean break opens 0.0709 (upper Bollinger). Support sits at 0.0579 (mid-band) and 0.0555 (MA25).
My take: after a move like this, chasing green candles is risky. A pullback to support or a breakout above 0.0655 with volume is the cleaner setup.
Not financial advice, just my read.
#SANADBOX
Up ~48% in 24h, from 0.0423 to 0.0636, and the gaming sector is leading the gainers list.
What the 15m chart shows:
- Vertical move. It ran from ~0.044 to 0.065 in a few hours on 22M USDT volume, so this wasn't a thin pump.
- Healthy cooling. After tapping 0.06545, price is consolidating just above MA(7), with no panic selling.
- Momentum pausing. MACD is flat at 0, with DIF and DEA both at 0.00424. The move has run hot and is now catching its breath.
- Levels to watch: 0.06545 is resistance, and a clean break opens 0.0709 (upper Bollinger). Support sits at 0.0579 (mid-band) and 0.0555 (MA25).
My take: after a move like this, chasing green candles is risky. A pullback to support or a breakout above 0.0655 with volume is the cleaner setup.
Not financial advice, just my read.
#SANADBOX
