$SAND – Price stuck below resistance, upside momentum weak
Trading Plan (Short)
Entry: 0.0812 – 0.0830
SL: 0.0845
TP1: 0.0805
TP2: 0.0795
TP3: 0.0780
$SAND is currently trading around 0.0813, holding just above the 0.0804 support but struggling to break the 0.0833 resistance. The 1H structure shows weak upside with multiple rejections near resistance, indicating sellers are controlling the range.
Price is compressing under resistance, and without strong buying pressure, this setup often leads to a downside move. A breakdown below 0.0804 could accelerate selling.
Trade $SAND here 👇
SAND
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