SAND Contract Trading Strategy Analysis

1. Long Position Entry Strategy

The current price of SAND is 0.615. Given that it has experienced a round of rally and pullback, the market shows signs of recovery, and SAND itself has stopped falling and is showing a rebound trend, it is advisable to enter and go long at this time.

2. Risk Control Measures

Stop Loss Setting: Set the stop loss position at 0.577. The determination of this stop-loss price is to effectively control potential downside risks. When the price falls below this point, it indicates that the market trend is contrary to expectations. Timely stop loss can avoid greater losses and protect the safety of the trading principal. Averaging Down Strategy: Set the averaging down position at 0.595. If the price pulls back to this level after entry, consider averaging down by increasing the position size to lower the average cost, in order to realize profits more quickly during subsequent price rebounds. However, averaging down should be done cautiously, taking into account the overall market trend, trading volume, and other factors to ensure the rationality and effectiveness of the averaging down behavior.

3. Profit Target Planning

Short-term Target: First, set the target price at 0.72. This target is based on a comprehensive judgment of SAND's current rebound trend and market enthusiasm. It is expected that in the short term, as market sentiment continues to warm up and technical indicators recover and promote, SAND is likely to reach this price point. At that time, consider partially taking profits to lock in some gains.

Long-term Target: Further aim for the previous high of 0.86. If SAND's rebound trend can be sustained and supported by more favorable market factors, such as overall industry recovery and significant progress in the project itself, then its price is expected to break through the short-term target and continue towards the previous high, achieving greater profits. During the process of advancing towards the long-term target, closely monitor market dynamics and adjust trading strategies in a timely manner to ensure that trading remains controllable and favorable.

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