$SAND Long Liquidation Alert
A massive $136K long position has just been liquidated at $0.805, indicating intense selling pressure.
This shakeout signals vulnerability for buyers as the price tests critical support zones.
What’s Happening:
The liquidation at $0.805 reflects a possible failure to hold this support level.
Sellers appear to dominate, with downward momentum gaining traction.
What Could Be Next:
• Bearish scenario: If $SAND continues sliding, the next key support lies around $0.780-$0.770.
Keep an eye on volume—strong selling could accelerate the drop.
• Recovery possibility: A quick rebound above $0.81 could signal a potential recovery, targeting $0.830-$0.850 for short-term gains.
Volatility is picking up—stay alert for clear signs of direction before making your next move!
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