Login / Join

Technical analysis by HamadaMark about Symbol SAND: Buy recommendation (5/10/2025)

https://sahmeto.com/message/3495801
HamadaMark
HamadaMark
Rank: 3827
1.9
Buy،Technical،HamadaMark

🏖️ #SANDUSDT Weekly Analysis — Final Base Test Before Potential Recovery?🗓 Published: May 10, 2025📊 Timeframe: 1W | Exchange: BinanceAuthor: HamadaMark🔍 Market Structure OverviewSAND has returned to its historical accumulation zone near $0.28–$0.33 after completing multiple falling wedge breakdowns throughout 2023–2025.Price is now attempting a bounce from a major demand floor, forming what could become a mid-cycle double bottom.📌 Macro Setup Observations:✅ Retest of strong horizontal demand zone (2021 launch base)✅ Clear panic wick below structure, followed by bounce✅ Similar formation to 2022 → 2023 reversal setup✅ Weekly candle reclaiming 200MA zone🟦 Critical Support Zone (Demand Base):Main Support: $0.28–$0.33Panic Level / Invalid Zone: Close below $0.27–$0.25 = breakdown risk🔻 If this zone fails, structure targets as low as $0.10–$0.07 become possible🎯 Upside Resistance Targets (if Bounce Confirmed):TP1: $0.4678 – Previous wedge support → now resistanceTP2: $0.8344 – Multi-month range topTP3: $1.3493 – Mid-cycle top (2022 level reclaim)⚖️ Risk/reward becomes attractive above $0.35 reclaim with macro upside of 100–300%🧠 Strategy Insight• DCA is favorable in the blue box zone with tight SL• Stronger confirmation = reclaim of red box ($0.47)• Breakout traders should wait for weekly close above $0.47 + retest💡 Volume + structure confirm this area remains a “make or break” pivot zone🗣 What’s Next?If $0.28–$0.33 holds and we reclaim the $0.47–$0.50 resistance box, SAND could attempt a multi-leg recovery into Q3–Q4.If we lose $0.27, exit and reassess at deeper levels.📢 SAND is at its most critical level in years — this isn’t the time to fade structure. If it holds, the upside opens fast.we ask Allah reconcile and repay

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 week
Profit Target:
$0.4678
Stop Loss Price
$0.27
Price at Publish Time:
$0.33751
Share
Signals
Top Traders
Feed
Alerts