Why SAND's "range" is a bear trap waiting to spring.
$SAND /USDT : 🔴 Risk 8/10 (SHORT)
🔥 Why this setup?
• 4H chart is ARMED for a SHORT with a 55% confidence score.
• 15m RSI at 35.73 shows momentum is already weak and oversold.
• Key resistance at the 1H pivot (~0.1382) aligns perfectly with the SHORT entry zone. A break below local support at 0.1375 invalidates the setup.
📉 Trade Plan:
• Entry: 0.136985 – 0.139375
• TP1: 0.131007 | TP2: 0.128616 | TP3: 0.123834
• SL: 0.145353
👇 Debate:
Is this the start of the drop to TP1 at 0.131, or will the daily range hold? 👇