$SAND Price Surge Triggers $9.89K Liquidation.

The cryptocurrency market has witnessed another dramatic moment. This time, (The Sandbox) caused a stir by liquidating short positions worth $9,892.2 at a critical price level of $0.7380.

What Happened.

Short sellers betting on a price drop were caught off guard as $SAND rallied and hit this pivotal level. With increasing bullish momentum, many short positions couldn't hold, leading to forced liquidations.

Why It Matters:

Short Liquidations occur when traders borrow assets to sell at a higher price, expecting a drop. If the price rises instead, they face massive losses, forcing exchanges to close their positions.

This event reflects bullish strength in the market, as short squeezes often push prices higher.

What’s Next for $SAND?

With this surge, SAND is likely entering a critical phase:

Support Zone: $0.7000 – $0.7150

Resistance Levels: $0.7500 and $0.7800

Next Target for Bulls: If momentum continues, might test $0.8000.

Trade Wisely!

The market is heating up, and volatility is high. If you're trading $SAND

Buy Zone: $0.7000 – $0.7200

Stop Loss: Below $0.6900

Profit Target: $0.7600 – $0.8000

Stay alert, as market conditions can change rapidly. Will the bulls continue to dominate, or will bears fight back.

Only time will tell.

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