SAND/USDT Analysis : Key Levels and Scenarios

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$SAND

Breakout Achieved :
SAND exited the descending channel from the $0.19–$0.23 support zone and retraced to the 0.5 Fibonacci level ($0.45–$0.49).

Red Resistance Zone :
Current resistance lies between $0.8–$0.99, crucial for bullish continuation.

Bullish Targets :
Breakout above $0.99 could lead to $1.41–$1.69 (1.618 Fib), $2.42–$2.90 (2.272 Fib), and $3.94–$4.98 (2.618 Fib).

Bearish Risk :
Failure to break resistance could push SAND to $0.4–$0.43 (0.618 Fib) or the Green PRZ Zone.

RSI Indicators :
Support between 33.88–39.26; movement into the overbought zone (86.33–92.15) supports higher targets.

Volume Importance :
High trading volume is essential to confirm breakouts or trend reversals.

Conclusion : SAND is at a crucial resistance zone. Breaking above $0.99 signals bullish momentum, while failure may result in a pullback to key supports.

Pro-Tip :

Entry :
Wait for a confirmed breakout with strong volume.
Risk Management: Use stop-loss orders below $0.43 and diversify investments.