An analysis of The Sandbox (SANDUSDT) suggests a correction phase, potential support levels, and upside targets, providing insights for market participants.
Key Insights:
Correction Phase: SAND is believed to be in a correction phase, indicating a potential adjustment in its price.
Anticipated Move Higher: Following the correction, SAND could move higher to test the $0.5750 resistance level.
Potential Support Zone: A subsequent move down is anticipated, with potential support identified in the $0.4650 - $0.50 range.
Alt Run Scenario: A stabilization in BTC could trigger an alt run, potentially propelling SAND to $0.5750 - $0.62, followed by $0.678 - $0.715.
Key Insights:
Correction Phase: SAND is believed to be in a correction phase, indicating a potential adjustment in its price.
Anticipated Move Higher: Following the correction, SAND could move higher to test the $0.5750 resistance level.
Potential Support Zone: A subsequent move down is anticipated, with potential support identified in the $0.4650 - $0.50 range.
Alt Run Scenario: A stabilization in BTC could trigger an alt run, potentially propelling SAND to $0.5750 - $0.62, followed by $0.678 - $0.715.
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