【$SAND Signal】1H Breakout and Pullback, Hidden Short Squeeze Rebound

$SAND The 1H timeframe is attempting to stabilize above the short-term moving averages, with the price consolidating around 0.0850. The 4H timeframe remains in a wide-range consolidation, but the 1H chart shows sustained buying interest during price declines, forming potential support. In the current negative fee environment, the price remains resilient, indicating a possible short squeeze.

🎯Direction: Long

⚡Entry/Order: 0.0839 - 0.0844

🛑Stop Loss: 0.0825

🚀Target 1: 0.0870

🚀Target 2: 0.0890

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position for Target 2. If the price pulls back and breaks below the moving stop loss, exit all positions.

Order Book Logic: The 1-hour RSI indicates healthy momentum without entering overbought territory. Market depth shows significant buy support with dense large orders. Although the open interest trend is stable, combined with negative fees and the price’s refusal to drop sharply, signs of main force support are emerging, and a short-term rebound is imminent.

View real-time market 👇 $SAND

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