🚀 $SAND /USDT: TESTING RESISTANCE – BREAKOUT OR PULLBACK? ⚡
The $SAND/USDT pair is currently trading at 0.6837, hovering near key support and resistance levels. Traders should keep an eye on price action for a potential breakout or reversal.
📊 Trade Scenarios:
Entry Point: 0.6837
Take Profit (TP) 1: 0.7000
Take Profit (TP 2): 0.7250
Take Profit (TP 3): 0.7500
Stop Loss (SL): 0.6600
Support is located at 0.6600, while resistance is at 0.7000. A breakout above 0.7000 could drive prices toward 0.7250 and 0.7500. On the downside, a drop below 0.6600 might indicate bearish momentum.
📉 Market Outlook:
SAND is holding above 0.6600 support, showing potential for an upward move if it can break through 0.7000 resistance. A breakout would signal bullish momentum, while failure to hold above 0.6600 could lead to a retracement.
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