MyCryptoParadise

SAND/USDT Perfect bounce retesting. Ready Continue Upward ??

BINANCE:SANDUSDT   SAND / TetherUS
πŸ’Ž SAND has been a significant point of focus in the market, showing a strong rebound from the demand area, which previously acted as resistance. This bounce suggests a probability for a substantial upward movement, with a likelihood of reaching our targeted strong resistance area.

πŸ’Ž However, if SAND retraces back to the support area and fails to maintain it, breaking through the support level, this could be a cause for concern. Such a scenario would likely lead SAND towards the next lower stop, which is the demand area.

πŸ’Ž At the demand level, a robust response is crucial for SAND. The asset needs to demonstrate either a strong bounce or maintain its level at this area. Failure to do so, particularly if SAND breaks down below the demand level, could signal a reversal to a bearish trend. This would potentially lead SAND to descend further towards a more substantial support area.
Trading ditutup: target tercapai:
#SAND’s 41.95% rise? Called it!


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