Double bottom pattern forms near key support; volume could trigger explosive rally.

The Sandbox ($SAND ) has confirmed a double bottom pattern around $0.22, signaling a bullish reversal from its recent lows. This classic chart setup hints at a potential rally — but only if key technical conditions are met.

🧠 Summary:

  • Double bottom confirmed at $0.22, signaling strong demand.

  • A break and hold above the point of control (PoC) activates a move toward $0.42.

  • Volume surge is critical for confirmation and breakout momentum.

🧩 Technical Breakdown:

  • Formation: Double bottom at the value area low (~$0.22).

  • Neckline: The point of control acts as the breakout trigger.

  • Target: If confirmed, $SAND could climb to $0.42, the next key resistance.


Price has tested the $0.22 support level twice successfully, forming the base of the
bullish pattern. The next step is for SAND to reclaim the PoC, which
will serve as the neckline confirmation. Without strong volume
support, however, any breakout may fail to sustain.


If bulls reclaim this level with rising volume, $SAND could quickly accelerate
toward its high-timeframe target. But if momentum stalls, the price might
remain range-bound until stronger confirmation develops.


🔍 TL;DR for Traders:

Watch for a clean break and hold above the PoC — backed by rising volume.
That’s your trigger. If confirmed, $0.42 could be the next stop.


📚🧠 Always DYOR (Do Your Own Research)

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