$SAND Liquidation Alert: Bearish Pressure Builds!
Liquidated Long: $54.2K at $0.602
Market Breakdown:
Massive Liquidation: A $54.2K long position wiped out, signaling growing bearish momentum in $SAND .
Current Sentiment: The market is leaning heavily towards the downside as liquidation cascades, putting significant pressure on prices.
Hints for Next Moves:
1. Resistance Zone: Rejection likely near $0.62, where sellers could trap any recovery attempts.
2. Support Level: Key support at $0.58, where buyers might try to step in and defend the price.
3. Breakout Alert: A fall below $0.58 could trigger further declines, opening the door for shorts to take advantage of the downward move.
Quick Strategy:
Bulls: Look for signs of stabilization above $0.60 before considering long positions.
Bears: Take advantage of bearish momentum below $0.58, targeting further downside.
#SAND is under pressure—stay sharp as the trend unfolds!
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