SAND/USDT Triangle Breakout: A Buying Opportunity

Let me share my latest trade setup for SAND/USDT. From my perspective, it looks like altcoins may have finally bottomed out and are gearing up for potential gains of 100% or more. That said, I’m keeping things conservative with this setup, targeting a 17% profit from my entry point.

What stands out in this chart is the clear breakout above the triangle and the bounce off the uptrend line, both of which are strong bullish signals. However, it’s worth noting that some stop-loss hunting could push the price slightly lower before the next move.

Overall, with a solid risk-reward ratio, this setup offers a promising opportunity for those looking to capitalize on the potential trend continuation.