🚨 $SAND SHORT TRAP OR MORE DOWNSIDE?
$SAND is trading around $0.05377 after falling sharply from $0.06808. Bears remain in control on the 4H chart, with Supertrend resistance near $0.05825.
Key support: $0.05277
Resistance: $0.05537 → $0.05825
A breakdown below $0.05277 could trigger further downside, while a strong bounce may catch late shorts off guard.
⚠️ Price is approaching support, so chasing shorts here carries risk. Wait for confirmation and manage your position carefully.
$SAND is trading around $0.05377 after falling sharply from $0.06808. Bears remain in control on the 4H chart, with Supertrend resistance near $0.05825.
Key support: $0.05277
Resistance: $0.05537 → $0.05825
A breakdown below $0.05277 could trigger further downside, while a strong bounce may catch late shorts off guard.
⚠️ Price is approaching support, so chasing shorts here carries risk. Wait for confirmation and manage your position carefully.