$SAND
While late buyers chase the momentum spike, this 4-hour chart on $SAND is executing a bullish moving average breakout following a strong V-shaped recovery.
After forming a local bottom at $0.05277 , price staged a powerful expansion move, breaking above MA(7) at $0.05780 and MA(25) at $0.05693 before reclaiming the long-term MA(99) at $0.06459 . Currently trading around $0.06575 , price is holding above all key moving averages.
Holding above the MA(99) support level at $0.06459 keeps the bullish breakout setup active, targeting intermediate resistance at $0.07291 and the major swing high at $0.08806 . A drop back below MA(99) invalidates immediate momentum and opens downside risk toward MA(7) support at $0.05780 .
Don't chase vertical green candles—wait for clean retests of moving average support to confirm secondary entry opportunities.
#SAND #TheSandbox
While late buyers chase the momentum spike, this 4-hour chart on $SAND is executing a bullish moving average breakout following a strong V-shaped recovery.
After forming a local bottom at $0.05277 , price staged a powerful expansion move, breaking above MA(7) at $0.05780 and MA(25) at $0.05693 before reclaiming the long-term MA(99) at $0.06459 . Currently trading around $0.06575 , price is holding above all key moving averages.
Holding above the MA(99) support level at $0.06459 keeps the bullish breakout setup active, targeting intermediate resistance at $0.07291 and the major swing high at $0.08806 . A drop back below MA(99) invalidates immediate momentum and opens downside risk toward MA(7) support at $0.05780 .
Don't chase vertical green candles—wait for clean retests of moving average support to confirm secondary entry opportunities.
#SAND #TheSandbox