UnknownUnicorn10064030

SAND/USDT - Potential Short Scenario

Penjualan
BINANCE:SANDUSDT   SAND / TetherUS
Hello Traders!

The SAND price is moving within the descending trend. At the moment, the price is testing the lower boundary of the resistance zone - the level of $1.41. It can be assumed that the purpose of the current price rebound within the framework of the downtrend will be a partial or complete collection of liquidity in the resistance zone of $1.41 - $2.00.

Based on the analysis of senior timeframes it is possible to assume that after liquidity gathering downward pricing on the asset will continue.

It is interesting to connect to medium-term purchases in a range of $0.33 - $0.55

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice

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