$SAND Liquidation Alert: $50.9K Long Position
A $50.9K long position on Sandbox (SAND) was liquidated at $0.934, causing a sharp dip in price.
This sudden liquidation highlights the volatility in the market and serves as a reminder of how quickly momentum can shift.
What’s next for $SAND ?
• Short-term outlook: The immediate price action suggests that SAND might test lower support levels, potentially near $0.90.
Be cautious as volatility may increase in the short run.
• Long-term outlook: A bounce back is possible if $SAND can maintain above the $0.90 level, signaling a potential recovery.
A confirmed break above $1.00 could open the door for a more bullish move.
Key levels to monitor:
Resistance: $1.00
Support: $0.90
Final thoughts:
This is a moment to stay patient and wait for clearer signals.
A breakout above resistance or a strong hold at support could present a good entry point.
Trade carefully and stay informed!
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