🚀 $SAND
/USDT Technical Analysis 🎯
The Sandbox (SAND) has been gaining traction in the Metaverse space, with significant growth over the last 24 hours. The current price is $0.5935, up by +57.59%, making it one of the top gainers in the Metaverse sector.
📊 Key Technical Levels
1️⃣ Target 1 - $0.65
With strong upward momentum, SAND could aim for the $0.65 resistance level. A break above $0.60 will open the path for further gains.
2️⃣ Target 2 - $0.72
A sustained push could take SAND toward $0.72, as the buying pressure builds after clearing $0.65.
3️⃣ Target 3 - $0.80
This level represents a significant resistance. If SAND continues to rally, $0.80 is the next major target for traders looking to capitalize on the Metaverse hype.
🛠 Key Indicators
RSI: Currently in the neutral zone, indicating a balance between buying and selling pressure.
EMA (50, 200): The price is hovering near the 50-EMA, which serves as short-term support.
🚨 Important Notes
Support Level: $0.50
Risk: A drop below $0.50 could signal a potential correction, bringing SAND back to lower levels.
SAND continues to perform well in the Metaverse sector, with growing adoption and interest. Keep an eye on the $0.65 resistance to confirm further bullish movement.