After reaching a peak in March, sand has been adjusting downward for 149 days.

During these 149 days, the price has fluctuated but overall has been trending down. Then, one day, the trading volume suddenly surged, and the price shot up, breaking through the resistance line on the daily chart for the first time. After breaking through, the price slightly retreated but did not fall below the trend line on the daily chart.

At this time, those who were uncertain and not optimistic about the subsequent trend sold their holdings, which were actually picked up by the market makers. Once the market makers acquired enough stock, they began to aggressively raise the price, reclaiming all the losses from the previous 149 days in just 4 days. You can imagine, with this kind of movement, retail investors must have very little stock left, all in the hands of the market makers.

Now, we are just a little bit away from an important breakthrough on the weekly chart. If it can steadily hold above 0.82, it feels likely that the price could be pushed above 3 dollars.