🔭 SAND/USDT SIGNAL 🎯

📊 Technical Indicators:

▫️Cumulative Volume Delta (CVD):
• Total CVD: -6.369B
• Aggregated Spot CVD: -230.45M
• Indicates ongoing selling pressure.

▫️Funding Rates:
• Funding Rate: 0.0104
• Indicates short-term bullish sentiment among traders.

▫️Open Interest:
• Open Interest: 53.071M
• Indicates an increase in open contracts, suggesting growing market interest.

▫️Aggregated Futures Orderbook Liquidity Delta:
• Liquidity: 1.539M
• Indicates good liquidity in the market.

▫️Symbol Liquidations:
• Liquidations: 109.266K (buy) and -61.14K (sell)
• Indicates significant liquidations, reflecting high market volatility.

▫️Top Trader Long/Short Ratio:
• Ratio: 3.1270
• Indicates a bullish bias among top traders.

▫️Accumulation/Distribution (Accum/Dist):
• Value: 26.93B
• Indicates significant accumulation of buying compared to selling.

▫️Accumulation Swing Index (ASI):
• Value: 5.37307056
• Indicates the current trend is upward.

🔰 Proposed Trading Strategy 🔰
1. Entry Point:
• Enter at the strong support level in the green zone, approximately between 0.2789 and 0.3395.
2. Exit Point (Target):
• First target at 0.5000.
• Second target at 0.6414.
3. Stop Loss:
• Set the stop loss slightly below the strong support level, for example at 0.2700. 🚨
$SAND #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #IntroToCopytrading #CryptoPCEWatch #MtGoxJulyRepayments

Coin selected by @Raelene Adkerson YKs4