💎 SAND is currently in the spotlight within the market, achieving a breakout from a bullish flag pattern. It is now approaching a local resistance point at $0.425. Should SAND successfully break through this resistance, it could pave the way for a continued ascent towards a stronger resistance area.
💎 However, if SAND struggles to surpass this resistance, it may face a downturn, leading to a retesting phase at the demand zone between $0.4 and $0.41.
💎 In this demand area, it's crucial for SAND to exhibit a strong bounce. Failure to do so could result in the loss of this zone. If such a scenario unfolds, SAND could then be heading towards a test at the support level around $0.357.
💎 A particularly concerning situation would arise if SAND also breaks down from this support level, which could lead to a continued downward trajectory towards a more substantial demand area.
💎 However, if SAND struggles to surpass this resistance, it may face a downturn, leading to a retesting phase at the demand zone between $0.4 and $0.41.
💎 In this demand area, it's crucial for SAND to exhibit a strong bounce. Failure to do so could result in the loss of this zone. If such a scenario unfolds, SAND could then be heading towards a test at the support level around $0.357.
💎 A particularly concerning situation would arise if SAND also breaks down from this support level, which could lead to a continued downward trajectory towards a more substantial demand area.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.