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Technical analysis by And100 about Symbol SAND: Buy recommendation (5/11/2025)

https://sahmeto.com/message/3502996
Buy،Technical،And100

Hi!posting again after a long time. wanted to share this SAND/USD weekly chart, all time. Big opportunity here:3 years long descending wedgebreakout with huge volumeretest of the wedge and bounce (current week)RSI printing a higher low while price printing a double bottomMACD crossSAND is currently struggling with main weekly MAs.At a price of 0.3590$ at the time of writing, we have some outstanding targets:1.00$ first big resistance (around 200% profit)2.50$ second main resistance (600%+ profit)8.00$ crazy target of the multi-year wedge (needs some months, in case we are looking at the previous ATH - 2200% profit).Seems a solid investment for medium term. Also trading it is great, consider main MAs and listed targets as a reference.Cheers,And100

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$1
Price at Publish Time:
$0.35907
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