#SAND is currently trading inside a Falling Wedge on the daily chart.
Let’s see if it can hold the wedge support and bounce from here.
Looking at the bigger picture, it may be forming a Double Bottom.
Just like it broke out of the descending channel in April, we could now see a breakout above the wedge.
⏳ Don’t rush — wait for confirmation before entering.
If a breakout occurs, the potential targets are:
🎯 $0.2539
🎯 $0.2756
🎯 $0.2932
🎯 $0.3107
🎯 $0.3356
🎯 $0.3674
⚠️ As always, use a tight stop-loss and apply proper risk management.
Let’s see if it can hold the wedge support and bounce from here.
Looking at the bigger picture, it may be forming a Double Bottom.
Just like it broke out of the descending channel in April, we could now see a breakout above the wedge.
⏳ Don’t rush — wait for confirmation before entering.
If a breakout occurs, the potential targets are:
🎯 $0.2539
🎯 $0.2756
🎯 $0.2932
🎯 $0.3107
🎯 $0.3356
🎯 $0.3674
⚠️ As always, use a tight stop-loss and apply proper risk management.
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.
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.