$SAND Bulls Just Lit the Fuse!
Short Liquidations Spotted at $0.3302 — What’s Next?
The bears just got rekt! A juicy $2.34K worth of shorts got liquidated at $0.3302, sending a clear signal — momentum is shifting!
Technical Analysis & Trade Setup (1D/4H timeframe)
Buy Zone:
$0.3200 – $0.3320
This zone has now proven to be a strong liquidity grab area where sellers got trapped. Bulls are taking charge!
Next Targets:
Target 1: $0.3495
Target 2: $0.3670
Target 3 (Full Swing): $0.3950
These are based on Fibonacci extension and recent swing highs.
Stop-Loss:
$0.3095 (Below previous wick and key support zone)
Why This Move Matters?
Liquidation at $0.3302 shows weak hands got wiped.
Bullish divergence on RSI.
Strong demand zone aligned with EMA support.
Strategy:
Ride the reversal wave after the liquidation flush. If momentum holds and volume increases, $SAND
could be gearing for a breakout rally in the short term.