๐ $SAND / USDT Market Analysis
๐น Price: $0.6008
๐น 24H Change: -4.18% ๐ป
๐น 24H High: $0.6531
๐น 24H Low: $0.5962
๐น 24H Volume (SAND): 68.14M
๐น 24H Volume (USDT): 42.53M
๐ 15-Minute Chart Insights
$SAND has shown a steady decline after hitting a 24H high of $0.6531. The price is now consolidating near its 24H low of $0.5962.Key moving averages indicate bearish sentiment:MA7: $0.6021MA25: $0.6058MA99: $0.6186
๐ Key Levels to Monitor
Support: $0.5962 (recent low) โ a breakdown below this could lead to further downside.Resistance: $0.6081 and $0.6186 (MA levels). Recovery above these could signal a shift in momentum.
๐ก Trader Insights
The recent price action suggests selling pressure, but the support near $0.5962 may offer a potential bounce.Short-term traders might watch for consolidation patterns before entering positions.Momentum traders should track volume for signs of a reversal or continuation.
๐ Is SAND heading for a rebound, or will the downtrend continue? Share your thoughts below!
