$SAND USD (Perp) chart —without financial advice, just pattern + structure + risk logic:
$SOL 🔍 What the chart shows right now
Price: 0.1389
Trend: Very sharp short-term pump on the 1-minute chart.
MA60: 0.1370 price is well above MA60, meaning overextended on a micro-TF.
Volume: Increasing steadily → buyers stepped in aggressively.
This kind of candle-formation is usually:
➤ A liquidity grab / squeeze
or
➤ A momentum breakout that needs a retest.
📌 Levels Visible on Chart
Immediate support: 0.1370 (MA60 + recent base)
Short-term resistance: 0.1391
Momentum base: 0.1375 – 0.1378
🎯 Trade Logic (If You Are Looking for Entries)
✅ Bullish continuation play
Only valid if price holds above 0.1380 after the pump.
Entry:
0.1380 – 0.1383 (retest zone)
Targets:
TP1: 0.1392
TP2: 0.1400
TP3: 0.1415 (only if volume rises again)
Stop Loss:
Below 0.1370 (loss of MA60 = momentum reversal)
🔻 Short opportunity (High-risk but high-RR)
This is valid ONLY if the next candle fails to push above 0.1391 and forms a rejection.
Entry:
0.1389 – 0.1391
Targets:
TP1: 0.1380
TP2: 0.1373 (MA60 liquidity)
TP3: 0.1365 (full retrace of vertical move)
Stop Loss:
0.1396+
Reason: Vertical pumps on low TF often retrace to MA zones.
📌 My Recommendation Based on the Chart
Right now the move looks extended — chasing long at the top is risky.
✔ Best play: Wait for the retest at 0.1380 – 0.1375.
❌ Worst play: Longing at 0.1389 after a vertical candle.
⚠ Short scalp possible ONLY if rejection confirms.
If you want, I can make you a Quick Setup Template like before with clean entries, SL, TPs.
