$SAND



Technical Indicators

  1. Moving Average (MA 200, SMA, 9):

    • The price is well above the 200 MA at 0.5448, indicating a strong bullish trend in the short term.

    • The MA line acts as dynamic support, reflecting the current upward momentum.

  2. RSI (14, SMA):

    • The RSI is at 50.79, indicating neutral momentum. The cooldown from overbought levels suggests consolidation before

      the next potential move.

  3. MACD (12, 26, close, 9):

    • The MACD histogram has turned slightly negative, with the MACD line (-0.0083) crossing below the signal line (0.0179), signaling a potential slowdown in momentum.

    • The bearish crossover is mild and aligns with the price consolidation.

  4. Volume (SMA, 9):

    • Volume has declined during the recent consolidation phase, indicating reduced market participation.

Chart Observations

  1. Support Zone:

    • Immediate support lies around 0.7200–0.7400, where the price consolidated earlier.

    • The 200 MA at 0.5448 serves as a significant lower support in case of a deeper pullback.

  2. Resistance Zone:

    • Resistance is visible at 0.7800–0.8000, where the price has faced rejection multiple times.

    • Breaking above this level could lead to a test of the next psychological level at 0.8500.

  3. Price Pattern:

    • The chart shows consolidation within a narrow range, suggesting indecision among buyers and sellers.

    • Higher lows indicate bullish pressure, but the lack of a breakout hints at caution.



SAND/USDT is in a consolidation phase, hovering near the 0.7800 resistance level. A breakout above this level may signal further bullish momentum, while a breakdown below 0.7200 could lead to a retest of lower supports. Traders should monitor volume and the MACD closely to gauge the next directional move.