Binance Technical Analysis: $SAND
/USDT – Key Targets to Watch 🎯
The SAND/USDT pair is showing strong upward momentum, with a current price of $0.6397 (+66.37%). Traders are looking for potential targets as the price continues to consolidate.
Key Price Levels to Watch:
1. Target 1: $0.6500
A breakout above this resistance level could signal further bullish movement, aiming for new highs in the short term.
2. Target 2: $0.6000
A slight pullback to this support level could offer an opportunity for re-entry. Watch for buying interest here to potentially push the price higher.
3. Target 3: $0.3844
In case of a deeper correction, this lower target represents a crucial support zone. A bounce from this level could signal a reversal to the upside.
Current Momentum: The price is holding above the $0.6000 mark, with potential to revisit the $0.6500 resistance soon. Keep an eye on volume levels for confirmation.
Stay tuned for further updates and trade smart with Binance!