Setup looking interesting here 👀
Seeing a lot of chatter about the exploit news, but purely from a technical standpoint, the chart is giving us a clear bounce area.
After that massive pump in early October, we’ve had a slow bleed down, but we are finally tapping into some support around the 0.055 – 0.057 region.
The daily candles are trying to flip green, and volume is starting to pick up slightly on this reversal attempt.
Trade Idea:
📈 Direction: Long (Spot or low leverage)
🎯 Entry Zone: 0.0560 - 0.0575
🛑 Stop Loss: 0.0515 (If we lose the recent lows, it’s a dead chart)
💰 Take Profits:
TP1: 0.0650
TP2: 0.0720
TP3: 0.0800 (If we get a strong continuation)
$SAND
Seeing a lot of chatter about the exploit news, but purely from a technical standpoint, the chart is giving us a clear bounce area.
After that massive pump in early October, we’ve had a slow bleed down, but we are finally tapping into some support around the 0.055 – 0.057 region.
The daily candles are trying to flip green, and volume is starting to pick up slightly on this reversal attempt.
Trade Idea:
📈 Direction: Long (Spot or low leverage)
🎯 Entry Zone: 0.0560 - 0.0575
🛑 Stop Loss: 0.0515 (If we lose the recent lows, it’s a dead chart)
💰 Take Profits:
TP1: 0.0650
TP2: 0.0720
TP3: 0.0800 (If we get a strong continuation)
$SAND