Solldy

SANDUSD ❕ local correction

Short
BINANCE:SANDUSDT   SAND / TetherUS
In general the SAND is now positioned for a bullish setups, BUT its current position is more disposed to a local correction.
The token is near the upper boundary of the range.
On the 1H Timeframe price and RSI have formed a bearish divergence.
TD Sequential has formed a reversal signal down at 30m Timeframe.
I expect a correction after fixing under the support level.
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.