$SAND A major long liquidation of $3.9207K occurred at $0.61909.
Important Details:
$SAND is the native token of The Sandbox, a popular metaverse platform.
It's widely used for virtual land purchases, staking, and in-game activities.
Next Move Prediction:
Market Sentiment: Current liquidation suggests bearish pressure, but a rebound is possible if bulls defend key levels.
Volume Surge: Watch for significant changes in trading activity, as they often signal the next move.
Support & Resistance:
Support: $0.6100
Resistance: $0.6300
Action Plan:
Buy: If $SAND stabilizes near $0.6100 with rising volume.
Sell: If it breaks below $0.6100, as further downside is likely.
Hold: If trading within the range of $0.6100–$0.6300 to avoid getting trapped.
Stay vigilant and adjust your strategy based on the market dynamics!