SAND is currently trading inside a well-defined horizontal range, following a strong impulsive drop. Price has been consolidating between 0.077 – 0.094, showing clear signs of accumulation and indecision.
On the 4H timeframe, the market attempted a short-term ascending structure, but faced rejection near the range high (0.088–0.094) and is now rotating back toward the mid-range.
Key levels to watch
• 0.094: Range high / breakout level
• 0.086 – 0.088: Mid resistance
• 0.077: Range low support
• 0.069: Major support below range
Scenario outlook
• Bullish case:
A breakout above 0.094 would confirm range expansion and could push price toward 0.10+, with further upside if momentum builds.
• Bearish case:
Failure to reclaim the mid-range and continued weakness could send price back toward 0.077, and a breakdown below that level may lead to a move toward 0.069 support.
On the 4H timeframe, the market attempted a short-term ascending structure, but faced rejection near the range high (0.088–0.094) and is now rotating back toward the mid-range.
Key levels to watch
• 0.094: Range high / breakout level
• 0.086 – 0.088: Mid resistance
• 0.077: Range low support
• 0.069: Major support below range
Scenario outlook
• Bullish case:
A breakout above 0.094 would confirm range expansion and could push price toward 0.10+, with further upside if momentum builds.
• Bearish case:
Failure to reclaim the mid-range and continued weakness could send price back toward 0.077, and a breakdown below that level may lead to a move toward 0.069 support.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.