Technical Analysis for SAND/USDT - Binance ๐
๐ Current Price: 0.6824 USDT (+12.48% in the last 24 hours)
The SAND token has seen an impressive surge of +12.48% in recent hours, making it one of the key gainers in the Metaverse sector. Here's a quick breakdown of the technical outlook and key price levels to watch for in the coming hours:
1. Target 1: 0.6865 USDT (Recent High) ๐ฏ
Rationale: The 24h high of 0.6865 USDT has proven to be a key resistance level. If the price maintains upward momentum, a breakout above this level could lead to further bullish continuation. Watch for confirmation of a sustained move above this resistance for a potential rally.
2. Target 2: 0.6980 USDT (Resistance Level) ๐ฏ
Rationale: The next strong resistance level lies at 0.6980 USDT. If SAND manages to break past 0.6865, the 0.6980 mark will be the next crucial area to monitor. This level could trigger profit-taking, and a breakout here would signal strong bullish sentiment and could push prices further upward.
3. Target 3: 0.5802 USDT (Support Level) ๐ฏ
Rationale: On the downside, the 24-hour low of 0.5802 USDT is the critical support level. If the price begins to reverse, this level will act as a strong floor for any potential pullback. If SAND holds this level, it could provide a buying opportunity for those looking to enter at a lower price.
#GODINDataForAI #DIN #BinanceWeb3WalletAirdrop #BSCOnTheRise