๐Ÿš€ $SAND

SAND/USDT Technical Analysis โ€“ Targets for the Bulls ๐ŸŽฏ

SAND, the native token of The Sandbox Metaverse, is currently showing bullish momentum on Binance. Here's a quick analysis:

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Key Market Data:

Current Price: $0.6364 (โ‚น177.36)

24h High/Low: $0.6487 / $0.5766

24h Volume: 79.82M SAND

Trend: Bullish (+7.75% in the last 24h)

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Technical Levels to Watch:

1. Support Level: $0.5766 โ€“ Strong buyer interest observed here.

2. Resistance Levels:

Target 1 ๐ŸŽฏ: $0.6650 โ€“ Short-term resistance; breaking this could confirm an upward trend.

Target 2 ๐ŸŽฏ: $0.7000 โ€“ Psychological level where traders might take profits.

Target 3 ๐ŸŽฏ: $0.7500 โ€“ Long-term target if momentum remains strong.

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Moving Averages (MA):

MA(5): Indicates strong buying momentum.

MA(10): Suggests stability with a potential upward breakout.

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Conclusion:

If SAND/USDT holds above $0.6364, itโ€™s likely to test the first target of $0.6650 soon. However, breaking $0.7000 could signal a stronger rally toward $0.7500. Keep an eye on volume and market depth for signs of continuation or reversal.

#Binance #SAND๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ #Metaverse #Crypto