SAND is showing early signs of strength off the long-term demand zone near $0.23–0.24, where it's been accumulating for several months. Price just printed a strong weekly bounce, up +16%, reclaiming the bottom of the range.
This area has acted as a key base since mid-2023 — with each touch producing a notable reaction. Now trading at $0.286, SAND is attempting to rotate toward the top of the established range.
Key Levels
Support (Range Low): $0.23–0.24 (strong demand zone)
Resistance (Mid-Range): $0.43
Range High: $0.85
A clean flip of the mid-range ($0.43) could open the door to test $0.70+.
📌 Risk management: A break and weekly close below $0.23 invalidates this setup. As long as it holds, the upside potential is attractive from a risk/reward standpoint.
This is a classic accumulation > reclaim > expansion structure. Let the chart speak if the range holds, the rotation is in play.
This area has acted as a key base since mid-2023 — with each touch producing a notable reaction. Now trading at $0.286, SAND is attempting to rotate toward the top of the established range.
Key Levels
Support (Range Low): $0.23–0.24 (strong demand zone)
Resistance (Mid-Range): $0.43
Range High: $0.85
A clean flip of the mid-range ($0.43) could open the door to test $0.70+.
📌 Risk management: A break and weekly close below $0.23 invalidates this setup. As long as it holds, the upside potential is attractive from a risk/reward standpoint.
This is a classic accumulation > reclaim > expansion structure. Let the chart speak if the range holds, the rotation is in play.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。