SAND is holding just above a crucial ascending trendline with price squeezing tightly below the descending resistance. This setup hints at a potential breakout from the compression zone — but it all depends on how price reacts around 0.30.
The bearish scenario would trigger if the rising trendline gives up, sending SAND into the demand zone between 0.24–0.26 for a possible liquidity sweep before bouncing back.
On the flip side, reclaiming the descending resistance could open the path toward the major resistance block at 0.37, and even extend to the 0.41 zone if bulls step in strong.
Clean break or a fakeout bounce — both options are in play, but the chart is charged.
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