$SAND
🔥 SAND/USDT Analysis – Is a Breakout Coming? 🔥
The SAND/USDT pair is currently trading at 0.8679 USDT, following a sharp 5.05% drop in the last 24 hours. The chart reflects bearish dominance, but a slight recovery in the latest candlestick hints at potential buyer activity.
🔑 Support & Resistance:
Support: Strong buyer interest is seen near 0.8550, the 24H low. If this holds, it could serve as a solid bounce zone.
Resistance: Sellers are likely to defend the 0.9100-0.9300 zone, making it a key breakout level for bulls to regain control.
💡 Trading Strategy:
Bullish Entry: Look for a breakout above 0.8800 with volume confirmation, targeting 0.9000-0.9200.
Bearish Entry: If the price drops below 0.8550, short positions targeting 0.8400 or lower could be ideal.
📊 With high 24H trading volumes (89.23M SAND), a decisive move could be brewing. Stay sharp and monitor these levels for opportunities!
Where do you see SAND heading next? 🚀📉
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