$SAND $SAND $SAND

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The price of SAND has experienced a significant upward movement (+59.54%), indicating strong bullish momentum. If the price maintains above $0.6261 (MA(7)), it could continue its upward trajectory towards the resistance levels at $0.6668 and $0.6787. However, if the price fails to sustain its momentum, a pullback toward support levels like $0.6120 is possible.

#targeting

Potential Trading Strategies

Bullish Scenario:

  • Entry: Around $0.626–$0.630 (support near MA(7)).

  • Targets:

    1. $0.6668 (24h high, immediate resistance).

    2. $0.6787 (next resistance).

  • Stop Loss: Below $0.6120 (MA(25)).

Reasoning:

  • The strong bullish momentum and the close proximity to support at MA(7) suggest further potential for upward movement towards the next resistance levels.

Bearish Scenario:

  • Entry: Around $0.666–$0.678 (near resistance levels).

  • Targets:

    1. $0.6261 (MA(7) support).

    2. $0.6120 (MA(25) support).

  • Stop Loss: Above $0.6787 (breakout above resistance).

Reasoning: