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Update: Bullish Momentum Developing for #SANDUSDT .
Strong volume and increasing structure have supported SAND's clean +10% advance, which has seen it rise from 0.2775 to a high of 0.3139 .
The Reason It Moved:
Rebound at 0.2775 from important support
Increasing volume verified the strength of the breakthrough.
Higher lows are being formed by bullish candles.
Better perception of gaming and metaverse tokens
Next Steps:
If SAND remains above 0.3050, the upward trend will continue. The next areas of resistance are 0.3280, 0.3200, and perhaps 0.3350.
Keep an eye out for a bounce in the 0.2950 – 0.3000 range if there is a dip.
The direction of the trend is bullish.
The move may not be finished yet, so keep an eye on this one.
