Technical analysis by Finance City about Symbol SAND: Sell recommendation (4/16/2025)

The executive summary of the document (SAND) has moved to a long -term downward trend since December 1 (December 1), and despite the decline in the severity of the descent, there is still no definitive sign of shift shift observation. Currently, the price is in critical historical support between 0.22 and 0.23; So this level is the last point of hope for returning to the uptrend. In the current situation, it is recommended that you refuse to enter spotted transactions and wait for price stabilization at the support level. Key technical levels of historical support: The range of 0.22 - 0.23 is recognized as a basic level of support. This area is the point of accumulation of key investors that, if priced, will provide the background for the trend to climb; But the failure of this level can increase the risk of lower fluctuations. Short -term resistance: Resistance is determined by the range of 0.27 to 0.284. The area has previously acted as a strict supply area of ​​whales, with the volume of transactions indicating that sellers are ready to climb at this level. The decisive failure of this level, along with an increase in volume (more than 50 % average daily), can create a wave of capital entry and move the price towards subsequent targets such as 3.2 and even 4 (psychological level). The relative power index (RSI) is close to 35, indicating the saturation of relative sales, but no positive divergence has been observed. Also, the volume of transactions decreased by 40 % compared to the average monthly; This is the current marketlessness of the market. In the weekly timeframe, the twin floor pattern is likely to be formed if the level of 0.22 is maintained; And the six -month downward trend at 0.28 acts as a key resistance. Whales: Sudden increase in volume of transactions at key levels can be a sign of price manipulation by large actors. Fundamental: Events related to Metauris projects and new document partnerships with reputable brands can have an immediate impact on the trend. Therefore, changes in this area should also be carefully monitored. Capital management: It is recommended to refrain from entering risky transactions and apply precise control over the volume and risk of positions. However, the conditions for long -term transactions are high in risk. Maintaining level 0.22 as vital support provides an attractive opportunity to buy; But the expectation of a clear return pattern (such as increased volume at the support level) is recommended before entry. In general, in fluctuating markets, careful risk management and strategic patience are of particular importance. "In descending markets, patience is not only a virtue, but a strategic weapon."