#SANDUSDT – Are you ready for the rally next week? 🚀
On the daily timeframe, #SAND stock is attempting to break out of the downtrend channel. The price is currently above the 200-day moving average, and the Relative Strength Index is above 50 ( bullish indicator ).
If today's candle closes with a breakout, the upward trend is likely to continue next week 📈
Targets: 50-day moving average at $0.16, with a maximum around $0.22.
Exclusion: Failed breakout = price returning to the channel support level ⚠️ $SAND
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BasheerAlgundubi
· 6h ago
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Exclusion: Breakout failure = Price returns to channel support level ⚠️
#SANDUSDT – Are you ready for the rally next week? 🚀
On the daily timeframe, #SAND stock is attempting to break out of the downtrend channel. The price is currently above the 200-day moving average, and the Relative Strength Index is above 50 ( bullish indicator ).
If today's candle closes with a breakout, the upward trend is likely to continue next week 📈
Targets: 50-day moving average at $0.16, with a maximum around $0.22.
Exclusion: Failed breakout = price returning to the channel support level ⚠️
$SAND