š$SAND SAND/USDT ON FIRE: Trading at $0.8107 ā Will the Rally Continue? š
The Sandbox ($SAND) is making waves with a 22.52% surge, currently trading at $0.8107 after hitting a high of $0.8974. As interest in the metaverse heats up, SAND is seeing strong momentum and looks poised for further action.
Key Levels to Watch:
Resistance: $0.8974 ā A breakout here could push SAND toward $0.9312, $1.00, and $1.15.
Support: $0.6839 ā A pullback to this level would test the strength of the rally, with further support at $0.5977.
Trade Setup:
Long Entry: Look for a breakout above $0.9000 with targets at $1.00 and beyond.
Short Entry: If SAND retraces below $0.7000, expect a correction toward $0.6839 or lower.
Stop Loss: Set stops below $0.6800 for longs and above $0.9100 for shorts.
ā ļø Note:
With metaverse-related projects gaining traction, SAND is benefiting from increased attention. However, watch for profit-taking at key resistance levels and stay mindful of market volatility.
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