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Technical analysis by InvestingScope about Symbol SAND: Buy recommendation (5/7/2025)

https://sahmeto.com/message/3492383
InvestingScope
InvestingScope
Rank: 1093
2.7
Buy،Technical،InvestingScope

Sandbox (SANDUSD) is marginally bearish on its 1D technical outlook (RSI = 43.227, MACD = -0.001, ADX = 35.488) as it dropped below its 1D MA50 again. However, the breakout over its 5 month LH trendline has already happened and calls for a long term recovery. As you can see the Fibonacci retracement levels form fairly symmetric Resistances with the previous LH levels, so we expect them one by one to get filled (final TP = 1.07350).## If you like our free content follow our profile to get more daily ideas. #### Comments and likes are greatly appreciated. ##

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$1.07
Price at Publish Time:
$0.27007
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