๐ Technical Analysis for SAND/USDT - Is a Bullish Rally Ahead? ๐
โจ Current Price: $0.6290 (+10.14% in the last 24 hours)
๐ Performance Highlights:
EMA(7): ๐น $0.6313 (short-term upward trend).
EMA(25): ๐น $0.6187 (a strong nearby support).
EMA(99): ๐น $0.5943 (long-term positive momentum).
๐ RSI (Relative Strength Index): 48.10 ๐ (balanced zone, ready to move!)
๐ก MACD: Slight bearish crossover (-0.0010), a minor pullback might happen before a rally.
๐ Support & Resistance Levels:
๐ก๏ธ Key Support:
๐น $0.6241 (nearest support).
๐น $0.5729 (major support level).
๐บ Resistance:
๐น $0.6478 (24-hour high).
๐น $0.7000 (short-term potential target).
๐น $1.00 (long-term target ๐).
๐ 24-Hour Trading Volume:
Uptrend: 88.46M SAND.
Downtrend: 53.23M USDT.
โฌ๏ธ Strong momentum with potential for further growth if these trends persist!
---
๐ก Suggested Plan:
1๏ธโฃ Wait for a retest of support levels at $0.6241 or $0.6187.
2๏ธโฃ Enter with a stop loss at $0.5729 (to manage risk).
3๏ธโฃ If the price breaks the $0.6478 resistance, we might see a push toward $0.70 or even $1.00!
โ ๏ธ Disclaimer: This is only a technical analysis. Always trade responsibly and manage your risks.
๐ Let us know your thoughts:
๐ต Will SAND continue its rally?
๐ด Or do you expect a pullback soon?