$SAND /USDT Technical Analysis & Price Target

Current Price: $0.8053

Price Change: +22.59%

$SAND /USDT has shown impressive growth of 22.59% in the last 24 hours, currently trading at $0.8053. The strong upward momentum indicates bullish market sentiment, particularly in the Metaverse sector.

Key Support Level: $0.5977

Key Resistance Level: $0.8974

Price Action: The 4-hour chart indicates a continued upward trend, with a 12.90% increase over the past few hours. SAND is approaching resistance at $0.8974, and a breakout above this level could see further price movement toward the $1.00 mark. If the price pulls back, the next support is at $0.5977.

Target:

Short-term Target: $0.8974 (Resistance Level)

Upside Target: $1.00 (Next Key Resistance Zone)

Downside Target: $0.5977 (Support Level)

Watch for price action around the $0.8974 resistance, as a break above could trigger further gains. A pullback towards support at $0.5977 could present a potential entry point if the uptrend continues. Keep an eye on volume and price action for confirmation of the next move.

#MicrosoftBTCInvestmentVote #ETHOnTheRise #XRPReclaimsTop3 #NFTIsBack #Write2Earn! $SAND