💎 Paradisers, spotlight on #SANDUSDT as it crafts a compelling narrative in the current market landscape. Recently rebounding from resistance, it is now fortifying its position at a pivotal support level, signaling a potential upswing in its market journey.
💎 #TheSandbox, in its recent market dance, has elegantly maneuvered through descending channels, breaking...
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(SANDUSDT 1W Chart)
Below 1.5294 is likely to be a mid- to long-term investment area.
So, whether it can move higher than 1.5294 is the key.
(1D chart)
In the short-term and medium-term...
On a higher Time Frame, SAND is moving in a symmetrical triangle and on a lower TIme Frame, it is moving in upward channel.
Also it has found strong support on 1 Day 20 EMA.
So there are two potential scenarios here.
Scenario 1 (Black path) - SAND to move in an upward channel and break above Upper part of the symmetrical triangle
Scenario 2 (Red Path) -...
💎Technical Analysis Summary💎
BINANCE: SANDBTC
-SAND broke its key level of support last Oct 19
-The price fell down to 291s sat level
-Currently, it is consolidating in a small range
-This might be a potential Bear flag
-By looking at the price action
-Though it is still an unconfirmed pattern
-I recommend to take caution and follow your stop-loss
A big...
💎Technical Analysis Summary💎
BINANCE: SANDUSDT
-SAND broke the local resistance area with good volume
-It is now trying to move above the upper channel where Bulls have a slight edge
-If you will look at the bigger picture, SAND still within a large channel
-So be careful, things can go around within minutes
-If I'll be looking to enter for a Long position
-A...
