$SAND Here's a thrilling post for you about the trade setup, with all the details you need in simple terms.

Long Liquidation: $1.0284K at $0.56659.

The market has been quite interesting lately, with a major long liquidation at $0.56659, marking an important price level. Let's break down what this means for your next move and how you can position yourself in the market.

What Happened.

A significant amount of $SAND long positions were liquidated at $0.56659, amounting to a total value of $1.0284K. This could lead to a short term price drop as traders who were betting on a higher price get forced out of their positions. However, this might also set up a potential buying opportunity if the price dips lower.

What's Next.

Watch for Support Levels.

Keep an eye on key support zones that could help stabilize the price. The market often tests these levels before making a bounce.

Potential Bullish Reversal.

If $SAND holds above support, it could see a bullish reversal, especially if the broader crypto market is also showing strength.

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