🎮 Technical Analysis: Sandbox ( $SAND )



Market Capitalization: $1.2 billion.
SAND is in a downtrend, and hourly charts show an excellent opportunity to trade relative to levels in the direction of this trend.

How to Trade❔

💬 When the price is near a resistance level, wait for a reversal candle pattern.

💬 Open a sell trade. Set stop-loss beyond the nearest extremum. Set take-profit before the minimum.

💬 If take-profit triggers, you can calculate the next trade on a breakdown of the minimum with continued downward movement.

💬 If stop-loss triggers, it's reasonable to open a breakout trade upward (buy). Stop – beyond the nearest extremum, profit – before the resistance level.

💬 The profit/risk ratio in all these trades looks acceptable.

Conclusion:
SAND gives clear signals for short-term trading. Follow the levels, control risks, and the trend will help you earn.

📈 Open a trade with $SAND ‌🔗 Chat • X • HRUMfamily
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