$SAND USDT Long (pullback entry)
Price is ~0.0798 after a sharp breakout, now pulling back from the 0.0875 high toward the Fib zone.
Entry: 0.0780-0.0795 (current area), or a better entry at 0.0765 (50% level) after a bullish 1h close
Stop loss: 0.0735 (below the 61.8% level at ~0.0744)
TP1: 0.0840
TP2: 0.0875 (recent high / trendline resistance)
TP3: 0.0920 (only if 0.0875 breaks with volume)
Notes:
Structure is bullish (HL, then a breakout above the downtrend line), but price hit the upper trendline and is rejecting, so don't chase. Skip the trade if a 1h candle closes below 0.0744. RSI at ~65 is strong but not overbought. Risk 1-2% and keep leverage low.
Not financial advice.
@Binance Square Official #FedMinutesFocusOnOctoberPause #BinanceLaunchesBinanceIntelligence #EvernorthDelaysNasdaqDebutToOct12 #Binance #ChartSniper
Price is ~0.0798 after a sharp breakout, now pulling back from the 0.0875 high toward the Fib zone.
Entry: 0.0780-0.0795 (current area), or a better entry at 0.0765 (50% level) after a bullish 1h close
Stop loss: 0.0735 (below the 61.8% level at ~0.0744)
TP1: 0.0840
TP2: 0.0875 (recent high / trendline resistance)
TP3: 0.0920 (only if 0.0875 breaks with volume)
Notes:
Structure is bullish (HL, then a breakout above the downtrend line), but price hit the upper trendline and is rejecting, so don't chase. Skip the trade if a 1h candle closes below 0.0744. RSI at ~65 is strong but not overbought. Risk 1-2% and keep leverage low.
Not financial advice.
@Binance Square Official #FedMinutesFocusOnOctoberPause #BinanceLaunchesBinanceIntelligence #EvernorthDelaysNasdaqDebutToOct12 #Binance #ChartSniper