Observe 👀: SAND

After 149 days of consolidation since the March peak, SAND has broken through daily resistance with increased volume, retraced without breaking the trend line, successfully washed out weak hands and surged again with increased volume, recovering previous losses in just 4 days.

In this situation, retail investors have limited holdings, and the major players are accumulating before waiting for the right moment to drive the price up. Currently, a weekly breakout is imminent; once it stabilizes above 0.82, it is very likely to rise above 3 dollars.