My BUY Mindset for #SANDUSDT
Entry: 3.45 USD
Target 1: 5.00 USD (+46%)
Target 2: 5.48 USD (+60%)
Stop: 2.28 USD
#SAND is the native token for a very unique platform that combines blockchain technology and #NFTs with the gaming world and aims to revolutionize the #gaming industry. Therefore, it is possible that the SAND token will increase in value if the Sandbox platform grows.
Currently, there are a little less than 1 billion tokens, while the maximum offer is 3 billion tokens.
There is definitely a possibility for a LONG trade. The main reason is that the price has bounced off the support line ($2.60) several times. Furthermore, the token has a real application on the Sandbox platform. The past #NFT hype should have already attracted both long-term investors and gamblers to buy SAND coin. #HODLers determine support levels. It is quite possible that this has set in at USD 2.60.
The stoploss is a bit generous in this case, as we have already moved a decent distance away from the support line.
Entry: 3.45 USD
Target 1: 5.00 USD (+46%)
Target 2: 5.48 USD (+60%)
Stop: 2.28 USD
#SAND is the native token for a very unique platform that combines blockchain technology and #NFTs with the gaming world and aims to revolutionize the #gaming industry. Therefore, it is possible that the SAND token will increase in value if the Sandbox platform grows.
Currently, there are a little less than 1 billion tokens, while the maximum offer is 3 billion tokens.
There is definitely a possibility for a LONG trade. The main reason is that the price has bounced off the support line ($2.60) several times. Furthermore, the token has a real application on the Sandbox platform. The past #NFT hype should have already attracted both long-term investors and gamblers to buy SAND coin. #HODLers determine support levels. It is quite possible that this has set in at USD 2.60.
The stoploss is a bit generous in this case, as we have already moved a decent distance away from the support line.
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.
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.