๐ $SAND /USD: WATCHING FOR A BREAKOUT ABOVE KEY LEVELS! โก
The $SAND /USD pair is currently trading at 0.6806, testing crucial support and resistance zones. Traders should stay alert for a potential breakout as the market looks poised for a move in either direction.
๐ Trade Scenarios:
Entry Point: 0.6806
Take Profit (TP) 1: 0.6900
Take Profit (TP) 2: 0.7100
Take Profit (TP 3): 0.7300
Stop Loss (SL): 0.6700
Support is found at 0.6700, while resistance is at 0.6900. A breakout above 0.6900 could trigger further upside, targeting 0.7100 and 0.7300. A drop below 0.6700 may signal a bearish retracement.
๐ Market Outlook:
SAND/USD is testing support at 0.6700, and if the price holds above this level, thereโs potential for a move towards 0.6900 and higher. A breakout above 0.6900 would confirm bullish momentum. If the price breaks below 0.6700, further downside may follow.
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