Here's the latest analysis update for SANDUSDT:📌
Current Trend: SANDUSDT's price is attempting to break out after hitting a non-horizontal support, indicating a potential upward movement. This breakout could propel the price to reach the major resistance level.
Technical Indicators: While exact values are not available, key indicators to watch include Relative Strength Index (14), Stochastic %K (14, 3, 3), and Commodity Channel Index (20).
Potential Play-out: SAND coin may go all the way up until reaching the major resistance marked in the chart, and if reached, monitor price action at that point for further analysis.
Buy and Sell Signals: Some analysts suggest a buy signal at $0.67 and a sell signal at $2.56. However, others warn of a potential dump due to a head-and-shoulders top pattern, recommending a short call.
Keep in mind that cryptocurrency markets are highly volatile. Always consult multiple sources and consider your risk tolerance before making investment decisions.