$SAND /Increasing bullish momentum - A breakout above the local high could ignite the next wave of upward movement! 💯🔥
Its price bounced off the support level of $0.2653 and is now stabilizing near $0.2698 after a quick rise to $0.2742.
Buyers are defending short-term dips and maintaining higher lows, indicating a continuation pattern.
A breakout above $0.2742 could trigger a stronger bullish wave towards key resistance areas.
If the price stabilizes above $0.2680, it is very likely to continue towards the $0.2800 area.
Watch for a clear candle close above $0.2740 to confirm the strength of the breakout.
Trading setup (Long):
Entry price: $0.2680 - $0.2700
Target 1: $0.2755
Target 2: $0.2800
Stop loss: $0.2645
Buy and trade here on $SAND