$SAND /USDT – Resistance Rejection in Play, Risk of Pullback Ahead

SAND is up +4.63% but has just faced rejection near 0.2911 resistance, showing signs of potential short-term exhaustion.

Current Price: 0.2823

24H High: 0.2911

24H Low: 0.2618

Market Snapshot:

After a strong bullish leg, price action shows wick rejections at key resistance. Sellers are beginning to step in, and price is hovering below the supply zone. A pullback toward mid-supports is possible unless 0.2850 is flipped decisively.

Key Levels:

Immediate Resistance: 0.2911

Support Zone: 0.2750

Major Support: 0.2618

Short Trade Setup:

Entry Zone: 0.2823

Final Target: 0.2618

Stop Loss: 0.2911

Why This Setup Makes Sense: Price failed to close above resistance and is printing lower highs near the top—sign of bearish intent.

Risk Strategy: Consider partial profits at 0.2750, protect capital with SL above supply.

Take short trade here on $SAND

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