๐๏ธ #SANDUSDT Weekly Analysis โ Final Base Test Before Potential Recovery?
๐ Published: May 10, 2025
๐ Timeframe: 1W | Exchange: Binance
Author: HamadaMark
๐ Market Structure Overview
SAND has returned to its historical accumulation zone near $0.28โ$0.33 after completing multiple falling wedge breakdowns throughout 2023โ2025.
Price is now attempting a bounce from a major demand floor, forming what could become a mid-cycle double bottom.
๐ Macro Setup Observations:
โ Retest of strong horizontal demand zone (2021 launch base)
โ Clear panic wick below structure, followed by bounce
โ Similar formation to 2022 โ 2023 reversal setup
โ Weekly candle reclaiming 200MA zone
๐ฆ Critical Support Zone (Demand Base):
Main Support: $0.28โ$0.33
Panic Level / Invalid Zone: Close below $0.27โ$0.25 = breakdown risk
๐ป If this zone fails, structure targets as low as $0.10โ$0.07 become possible
๐ฏ Upside Resistance Targets (if Bounce Confirmed):
TP1: $0.4678 โ Previous wedge support โ now resistance
TP2: $0.8344 โ Multi-month range top
TP3: $1.3493 โ Mid-cycle top (2022 level reclaim)
โ๏ธ Risk/reward becomes attractive above $0.35 reclaim with macro upside of 100โ300%
๐ง Strategy Insight
โข DCA is favorable in the blue box zone with tight SL
โข Stronger confirmation = reclaim of red box ($0.47)
โข Breakout traders should wait for weekly close above $0.47 + retest
๐ก Volume + structure confirm this area remains a โmake or breakโ pivot zone
๐ฃ Whatโs Next?
If $0.28โ$0.33 holds and we reclaim the $0.47โ$0.50 resistance box, SAND could attempt a multi-leg recovery into Q3โQ4.
If we lose $0.27, exit and reassess at deeper levels.
๐ข SAND is at its most critical level in years โ this isnโt the time to fade structure. If it holds, the upside opens fast.
we ask Allah reconcile and repay
๐ Published: May 10, 2025
๐ Timeframe: 1W | Exchange: Binance
Author: HamadaMark
๐ Market Structure Overview
SAND has returned to its historical accumulation zone near $0.28โ$0.33 after completing multiple falling wedge breakdowns throughout 2023โ2025.
Price is now attempting a bounce from a major demand floor, forming what could become a mid-cycle double bottom.
๐ Macro Setup Observations:
โ Retest of strong horizontal demand zone (2021 launch base)
โ Clear panic wick below structure, followed by bounce
โ Similar formation to 2022 โ 2023 reversal setup
โ Weekly candle reclaiming 200MA zone
๐ฆ Critical Support Zone (Demand Base):
Main Support: $0.28โ$0.33
Panic Level / Invalid Zone: Close below $0.27โ$0.25 = breakdown risk
๐ป If this zone fails, structure targets as low as $0.10โ$0.07 become possible
๐ฏ Upside Resistance Targets (if Bounce Confirmed):
TP1: $0.4678 โ Previous wedge support โ now resistance
TP2: $0.8344 โ Multi-month range top
TP3: $1.3493 โ Mid-cycle top (2022 level reclaim)
โ๏ธ Risk/reward becomes attractive above $0.35 reclaim with macro upside of 100โ300%
๐ง Strategy Insight
โข DCA is favorable in the blue box zone with tight SL
โข Stronger confirmation = reclaim of red box ($0.47)
โข Breakout traders should wait for weekly close above $0.47 + retest
๐ก Volume + structure confirm this area remains a โmake or breakโ pivot zone
๐ฃ Whatโs Next?
If $0.28โ$0.33 holds and we reclaim the $0.47โ$0.50 resistance box, SAND could attempt a multi-leg recovery into Q3โQ4.
If we lose $0.27, exit and reassess at deeper levels.
๐ข SAND is at its most critical level in years โ this isnโt the time to fade structure. If it holds, the upside opens fast.
we ask Allah reconcile and repay
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.