$SAND Short Liquidation: $21.64K at $0.7205!

Overview:

Type: Short Liquidation

Liquidated Amount: $21.64K

Price Level: $0.7205

What Happened?

SAND saw a sharp price surge, triggering short sellers to close their positions at $0.7205.

The forced liquidations boosted buying pressure, accelerating the uptrend.

What’s Next?

1. Key Levels to Watch:

Resistance: $0.75 – A breakout above could target $0.78.

Support: $0.70 – Holding above this level confirms bullish strength.

2. Market Sentiment:

Bullish: Strong liquidations highlight rising demand and upward momentum.

Next Target: Sustained strength could push prices toward $0.75 or higher.

3. Trading Plan:

For Buyers: Watch for entries near $0.70 during minor pullbacks.

For Sellers: Avoid shorts unless clear signs of reversal appear near $0.75.

Conclusion:

SAND’s liquidation showcases a bullish surge with buyers in control.

Keep an eye on $0.75 and $0.70 for breakout or support opportunities. Manage trades carefully!

#BinanceAirdropsCATandPENGU #BinanceAlpha #USUALSpotPrediction #USUALSpotLaunch #BTCNewATHAgain