SAND/USDT (1-hour chart):

1. Strong growth:

SAND/USDT is in a strong uptrend, currently at 0.3622 USDT, up 20.61% in the past 24 hours. The highest price of the day was 0.4026 USDT, then slightly corrected.

2. EMA supporting the trend:

• EMA(20): 0.3526 USDT

• EMA(50): 0.3285 USDT

Both EMAs are sloping up, indicating a sustainable uptrend. The price is currently above the EMA20, indicating that buying power is still overwhelming.

3. Trading volume:

24-hour trading volume reached 103.42 million SAND, reflecting strong interest from the market in the bull run.

4. Short-term analysis:

• The current price is in a correction phase after reaching the peak of 0.4026 USDT. If the buying pressure is maintained, the price may return to test this resistance zone.

• If the correction continues, strong support lies at the 0.35 - 0.352 USDT (EMA20) zone. A break of this zone may bring the price to test the EMA50 at 0.3285 USDT.

5. Trading strategy:

• Buy (Long): When the price holds above the EMA20 or when the price corrects to support and shows a bullish signal.

• Sell (Short): When the price breaks the EMA20 with strong selling pressure, the next support target is 0.328 - 0.33 USDT.

Conclusion:

The short-term trend remains positive, but we need to monitor the buying pressure at the EMA20 support zone to determine the next move. Always pay attention to trading volume and signals from higher time frames before making a decision.