SAND coin is moving in the support range of $0.4225 – $0.4150 in its 3-hour technical chart. If the 3-hour candlestick closures continue above the $0.4150 level, the upward movement can progress towards the levels of $0.4527 and $0.477.
However, if the SAND price makes 3-hour candlestick closures below the $0.4150 level, it can extend the downward movement towards the support of $0.3958. Therefore, investors should carefully monitor the $0.4150 level.
According to the daily technical chart, SAND coin is in the support range of $0.4165 – $0.4250. If it achieves daily candlestick closures above the $0.4165 level, the upward trend can start from this support range.
According to the technical analysis of SAND coin, the price is moving in the important support range of $0.4225 – $0.4150 in the 3-hour time frame. In this article, we have examined how the price can move above and below these support ranges. It is important for investors to remember that these critical support and resistance levels can determine price movements.
Medium-Term SAND Analysis
12-Hour SAND/USD Price Chart
At the time of writing, SAND coin is observed to be moving in the daily support range of $0.4165 – $0.4250. If SAND continues to achieve daily candlestick closures above the $0.4165 level, it can initiate the upward movement from this support range.
However, if the SAND price makes daily closures below the $0.4165 level, it can continue the downward trend it has been maintaining for a long time and can drop to the mentioned support of $0.40. Additionally, SAND’s other daily support range is between $0.40 – $0.3852.If the SAND price makes daily closures below the $0.4164 level, it will extend the downward movement towards the support range of $0.40 – $0.3852. However, if SAND encounters strong buying reactions from this critical support range, it can sustain the upward trend first to the $0.482 level and then to the $0.57 levels.
As a result, it is important to pay attention to the reactions in the $0.40 – $0.3852 support range of SAND price, as these reactions can determine the course of the downward movement. Investors should carefully monitor how the price will react in this critical support range.
Short-Term SAND Price Analysis
When we examine the SAND technical chart in the 3-hour time frame, it is observed that it continues its movement in the important support range of $0.4225 – $0.4150. If the SAND price continues to achieve 3-hour candlestick closures above the $0.4150 level, it can initiate the upward movement from this support range and reach the first level of $0.4527 and then the $0.477 levels.
However, if the SAND price makes 3-hour candlestick closures below the $0.4150 level, there is a possibility of continuing the downward movement towards the support region mentioned in the analysis, which is $0.3958. Therefore, SAND investors should be cautious against 3-hour candlestick closures below the $0.4150 level.
