【$SAND Signal】Pullback to Long: 1H Oversold Rebound + 4H Support Test

$SAND The 1H timeframe has entered the oversold zone, RSI approaching 34, with the price around 0.0785 receiving initial support. The 1-hour candlestick shows a lower shadow, indicating buying interest. The 4H timeframe is still in a downtrend but is approaching a support zone formed by previous lows, and open interest remains stable without signs of panic selling. Market depth data shows significant buy orders below 0.0785, forming a support wall, while sell pressure begins to accumulate above 0.0790. The current price has broken below the 1-hour moving average but is only one step away from the key 4-hour support, making it a typical short-term oversold rebound trading point.

🎯Direction: Long

⚡Entry/Order: 0.0779 - 0.0786

🛑Stop Loss: 0.0772

🚀Target 1: 0.0800

🚀Target 2: 0.0815

🛡️Trading Management:
- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss up to the entry price. If the price fails to break above 0.0795 and falls back below the entry zone, consider exiting and observing.

(Depth Logic: Price declines but open interest remains stable, indicating that large-scale liquidation by major players is unlikely; more likely, longs are being passively stopped out. The 1-hour RSI shows severe oversold conditions, suggesting a technical rebound is needed. Watch whether the price can form a double bottom or a morning star pattern in the 0.0780-0.0785 zone; if accompanied by increased volume, a rebound could be expected. The first major resistance above is near the 1-hour moving average at 0.0795. )

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