📉 $SAND /USDT Short Opportunity: Order Block Rejection! 📉
Technical Analysis:
$SAND has formed a solid bearish structure on the 15-minute timeframe. After a sharp Liquidity Sweep, the price faced a heavy rejection at a key Order Block (OB). We’ve also seen a CHOCH (Change of Character) and a break below the recent support, confirming that sellers are now in control.
🔻 Short Trade Setup:
Entry Zone: CMP
Stop Loss (SL): $0.08189 (Safely placed above the Order Block)
Leverage: 5x - 10x (Always manage your risk)
🎯 Take Profit (TP) Targets:
TP1: $0.07862
TP2: $0.07682
💡 Trading Tip: Once TP1 is reached, move your Stop Loss to Break-even (Entry) to secure a risk-free trade. The market structure looks prime for a deeper correction toward the main liquidity trendline.
Will sand it the final target or bounce back? Let me know your thoughts! 👇
trade $SAND here👇
