🔍 Overview:
SAND is currently trading at a crucial historical support zone, which has held firm multiple times since mid-2022. The chart shows a prolonged accumulation phase, offering significant potential for a major breakout or a decisive breakdown depending on market reaction.
---
🧠 Price Structure & Price Action:
After reaching an all-time high at $8.4876 in late 2021, SAND has been in a long-term downtrend.
However, over the past year, it has formed a wide base around the $0.26–$0.37 range — a clear sign of potential accumulation.
Price is currently moving sideways in a compression structure, signaling the build-up of energy for the next explosive move.
---
🧱 Key Levels:
Level Function Status
$0.2613 Primary Historical Support Currently being tested
$0.3710 Local Resistance Needs to be reclaimed
$0.5825 Major Resistance Bullish confirmation level
$0.8218 Weekly S/R Flip Mid-range target
$1.3530 Psychological Resistance Potential medium-term target
$2.6933 / $4.6494 Expansion Phase Targets Long-term upside potential
$7.3863 Pre-ATH Resistance Late-cycle target
---
🟢 Bullish Scenario:
1. If price holds and bounces off the $0.26–$0.37 demand zone, a bullish reversal may unfold.
2. A weekly close above $0.3710 would be the first sign of strength.
3. Breaking $0.5825 with solid volume would confirm trend reversal and open the path toward $0.82 – $1.35.
📌 Additional Bullish Confirmation:
Bullish divergence on RSI (if present)
Increasing volume during upward moves
---
🔴 Bearish Scenario:
1. A clear breakdown below $0.2613 on the weekly timeframe would signal a loss of major support.
2. This opens downside risk toward:
$0.17
$0.12
Possibly even $0.08 if the market seeks a deeper revaluation.
3. Such a move would likely represent a full structure reset.
📌 Additional Bearish Confirmation:
Strong bearish candles with high volume
Weak or no bullish reaction within the demand zone
---
🔁 Formations in Play:
Accumulation Rectangle: A sideways range often found at market bottoms before new bull cycles.
Multi-year Base Formation: Can serve as a launchpad for major parabolic moves if resistance is broken.
---
📚 Conclusion:
SAND is at a make-or-break zone. The market is coiled like a spring — preparing either for a new bullish expansion or for further downside pain. Smart traders and investors will:
Wait for breakout confirmation
Or exit positions on breakdown signals
This is a golden zone for preparation, not reaction.
---
📌 Suggested Trading Plan:
✅ Bullish Bias: Scale in within support zone; tight stop below $0.26
❌ Bearish Bias: Short only after weekly close below $0.26
🧠 Neutral/Waiting: Let the market prove itself
#SANDUSDT #CryptoBreakout #AltcoinAnalysis #TechnicalAnalysis #MetaverseToken #SupportZone #BullishScenario #BearishOutlook #SmartMoneyAccumulation #CryptoTA #AccumulationPhase
SAND is currently trading at a crucial historical support zone, which has held firm multiple times since mid-2022. The chart shows a prolonged accumulation phase, offering significant potential for a major breakout or a decisive breakdown depending on market reaction.
---
🧠 Price Structure & Price Action:
After reaching an all-time high at $8.4876 in late 2021, SAND has been in a long-term downtrend.
However, over the past year, it has formed a wide base around the $0.26–$0.37 range — a clear sign of potential accumulation.
Price is currently moving sideways in a compression structure, signaling the build-up of energy for the next explosive move.
---
🧱 Key Levels:
Level Function Status
$0.2613 Primary Historical Support Currently being tested
$0.3710 Local Resistance Needs to be reclaimed
$0.5825 Major Resistance Bullish confirmation level
$0.8218 Weekly S/R Flip Mid-range target
$1.3530 Psychological Resistance Potential medium-term target
$2.6933 / $4.6494 Expansion Phase Targets Long-term upside potential
$7.3863 Pre-ATH Resistance Late-cycle target
---
🟢 Bullish Scenario:
1. If price holds and bounces off the $0.26–$0.37 demand zone, a bullish reversal may unfold.
2. A weekly close above $0.3710 would be the first sign of strength.
3. Breaking $0.5825 with solid volume would confirm trend reversal and open the path toward $0.82 – $1.35.
📌 Additional Bullish Confirmation:
Bullish divergence on RSI (if present)
Increasing volume during upward moves
---
🔴 Bearish Scenario:
1. A clear breakdown below $0.2613 on the weekly timeframe would signal a loss of major support.
2. This opens downside risk toward:
$0.17
$0.12
Possibly even $0.08 if the market seeks a deeper revaluation.
3. Such a move would likely represent a full structure reset.
📌 Additional Bearish Confirmation:
Strong bearish candles with high volume
Weak or no bullish reaction within the demand zone
---
🔁 Formations in Play:
Accumulation Rectangle: A sideways range often found at market bottoms before new bull cycles.
Multi-year Base Formation: Can serve as a launchpad for major parabolic moves if resistance is broken.
---
📚 Conclusion:
SAND is at a make-or-break zone. The market is coiled like a spring — preparing either for a new bullish expansion or for further downside pain. Smart traders and investors will:
Wait for breakout confirmation
Or exit positions on breakdown signals
This is a golden zone for preparation, not reaction.
---
📌 Suggested Trading Plan:
✅ Bullish Bias: Scale in within support zone; tight stop below $0.26
❌ Bearish Bias: Short only after weekly close below $0.26
🧠 Neutral/Waiting: Let the market prove itself
#SANDUSDT #CryptoBreakout #AltcoinAnalysis #TechnicalAnalysis #MetaverseToken #SupportZone #BullishScenario #BearishOutlook #SmartMoneyAccumulation #CryptoTA #AccumulationPhase
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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.
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
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.