$SAND /USDT Short Trade Signal
Current Price: $0.5603
Trade Setup:
Entry Zone: $0.5650 - $0.5800
Stop Loss: $0.6000 (tight risk control)
Targets:
Target 1: $0.5300
Target 2: $0.5000
Target 3: $0.4700
Market Context:
The price is approaching a significant resistance zone around $0.5700, with signs of fading bullish momentum. RSI indicates bearish divergence, suggesting weakening upward pressure. A confirmed breakdown below $0.5500 could lead to stronger bearish continuation.
Trade Tips:
Employ a trailing stop once Target 1 is reached to secure profits.
Monitor overall market sentiment and Bitcoin’s price action, as it could impact $SAND’s movement.
Let me know if you need further insights or updates!
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