$SAND

🔴 Position: SHORT

Pair: #SAND/USDT

Leverage: 5x–10x

Entry Zone:

0.29673 – 0.28924

Targets:

1. 0.28663

2. 0.28084

3. 0.27505

4. 0.26926

5. 0.26347

Stop Loss: 0.3082563

⸻

Reasons for SHORT:

1. Bearish Market Structure: SAND is showing consistent lower highs and lower lows, indicating a downward trend.

2. Resistance Rejection: Price has been rejected near a key resistance zone around 0.30–0.31, confirming sellers’ dominance.

3. Volume Confirmation: Selling volume has been increasing while buying volume weakens, supporting bearish momentum.

4. Break of Support: Price is hovering near or breaking key support zones, potentially leading to further downside.

5. Bearish Indicators: Technical indicators (e.g., RSI, MACD) are showing bearish divergence or below midline, confirming downside pressure