šĀ $SANDĀ Trade Setup
After a sharp 45% rally ($0.27 ā”Ā $0.40), price fully retraced back toĀ $0.27 support, forming a Channel Down pattern. š
We watch for a bullish breakout that could targetĀ $0.40 (near 200 SMA). š¢
- Short & Mid-term Trend: Strong Down
- Momentum: Bearish (MACD crossover)
- RSI: Neutral
- Support:Ā $0.22
- Resistance:Ā $0.32 /Ā $0.40