UniqueCharts

SAND still in a downtrend. Potential double bottom?

BINANCE:SANDUSDT   SAND / TetherUS
The whole metaverse story is still underperforming in an already weak market. SANDUSDT still in a clear downtrend, no sign of strength yet.
*If* we break above 0.842 the recent low might turn out to be a potential double bottom and we could as a first step see a run up to 1.35. Otherwise I expect continuation to the downside.

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