$SAND

SAND Liquidated Short:

$58K at $1.029!

The market just flipped in a big way!

A massive $58K short position on SAND was liquidated at $1.029, sparking a swift surge.

This liquidation marks a crucial turning point, showing just how volatile the market can be.

With short positions under pressure, bulls may have the upper hand in the short-term.

Current Analysis:

Key Level to Watch: $1.05 – if $SAND holds above this price, we could see a bullish continuation.

Resistance Ahead: The next significant resistance is near $1.10, where we could encounter selling pressure from traders looking to lock in profits.

Next Move:

With this liquidation, the market sentiment has shifted. If $1.05 holds as support, $SAND could aim for higher levels around $1.10 and $1.15.

However, if we see a pullback below $1.00, expect a possible retest of $0.95.

Stay sharp and always manage your risk!

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