🚨 $SAND /USD ON HIGH VOLATILITY BREAKOUT WATCH! 🚨
On the 15-minute chart, SAND/USD is showing a strong recovery, gaining 28.75% in the past 24 hours. The price surged from a 24-hour low of $0.5565 to a high of $0.8680, confirming bullish momentum. However, recent retracements signal possible consolidation around $0.7183.
📈 Trade Setup:
Current Price: $0.7183
Recommended Entry Price: Around $0.7100 for bullish continuation.
💡 Critical Levels:
Resistance Levels:
1. $0.7840
2. $0.8220
3. $0.8680
Support Levels:
1. $0.7020
2. $0.6800
🎯 Take-Profit Targets:
1. $0.7840
2. $0.8220
3. $0.8680
📉 Stop-Loss:
Set at $0.6800 to manage risk effectively.
⚠️ Caution:
Monitor for potential retracements if the price fails to hold above $0.7100. A breakdown below $0.7020 could signal bearish momentum, testing lower support levels. Keep an eye on volume and breakout confirmations above $0.7840 for sustained upward movement.
