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

🏖️ #SANDUSDT Weekly Analysis — Final Base Test Before Potential Recovery? 🗓 Published: May 10, 2025 📊 Timeframe: 1W | Exchange: Binance Author: HamadaMark 🔍 Market Structure Overview SAND 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–$0.33 Panic 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 resistance TP2: $0.8344 – Multi-month range top TP3: $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 repayi add some at 0.2 max invest 1% max risk! we ask Allah reconcile and repay