【$SAND Signal】Pullback to add long positions, watch for capital inflow

The $SAND 1H level is supported near EMA20 (0.0808), with the price rebounding from a low of 0.08032, forming a hammer candlestick. The 4H level remains in a consolidation range between 0.078 and 0.083, but the 1H RSI (56.65) indicates that momentum is recovering. Buying depth below 0.0811 is significantly solid, providing a foundation for the rebound. Current open interest remains stable, with the price slightly rising without a surge in OI, indicating a healthy bullish probe rather than a bearish squeeze. Negative funding rates suggest bears are favored, but the price remains firm, with potential for short covering.

🎯 Direction: Long (pullback to add long)

⚡ Entry/Order: 0.0804 - 0.0806

🛑 Stop Loss: 0.0800

🚀 Target 1: 0.0811

🚀 Target 2: 0.0814

🛡️ Trading Management:

- Execution Strategy: After the price reaches 0.0811 (Target 1), reduce position by 50%, and move the remaining position’s stop loss up to the entry price of 0.0806. If the price strongly breaks through 0.0814 and stabilizes, move the remaining position’s stop loss up to 0.0810 to seek greater gains.

( Depth Logic: The 1-hour chart shows that after testing the 0.0803 area, the price was quickly supported by buying pressure, which is also a recent important low on the 4-hour chart. Market depth data indicates that the sell pressure in the 0.0811 to 0.0812 range is relatively concentrated, representing the first key resistance. A volume breakout above this level could open the way toward above 0.0820. Currently, the 1H RSI has moved out of the weak zone, and if accompanied by increased volume, a rebound is expected. )

Check real-time quotes 👇 $SAND

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