SANDUSDT ! The breakdown of the upward channel. Going down?🙈

2 באוג׳ 2022

SANUSDT is trading in a wide range between 1.5300 (strong limit zone) and support 0.7480.

On the chart I noted an uptrending price channel, which the price is breaking down and on the retest will confirm the break. A consolidation in the short zone is forming.

At the moment, the crypto market continues to decline and I assume that SANDUSDT may go down behind the market.

I assume the final formation of a breakdown of 1.2792 level, fixation of the price under the level and a fall. The short-term target is the support at 1.1293, the medium-term target is the support at 1.0492.

Regards R.Linda!