Technical analysis by CryptoNuclear about Symbol SAND: Buy recommendation (8/3/2025)

🔍 Overview: SAND is currently trading at a crucial historical support zone, which has held firm multiple times since mid-2022. The chart shows a prolonged accumulation phase, offering significant potential for a major breakout or a decisive breakdown depending on market reaction. --- 🧠 Price Structure & Price Action: After reaching an all-time high at $8.4876 in late 2021, SAND has been in a long-term downtrend. However, over the past year, it has formed a wide base around the $0.26–$0.37 range — a clear sign of potential accumulation. Price is currently moving sideways in a compression structure, signaling the build-up of energy for the next explosive move. --- 🧱 Key Levels: Level Function Status $0.2613 Primary Historical Support Currently being tested $0.3710 Local Resistance Needs to be reclaimed $0.5825 Major Resistance Bullish confirmation level $0.8218 Weekly S/R Flip Mid-range target $1.3530 Psychological Resistance Potential medium-term target $2.6933 / $4.6494 Expansion Phase Targets Long-term upside potential $7.3863 Pre-ATH Resistance Late-cycle target --- 🟢 Bullish Scenario: 1. If price holds and bounces off the $0.26–$0.37 demand zone, a bullish reversal may unfold. 2. A weekly close above $0.3710 would be the first sign of strength. 3. Breaking $0.5825 with solid volume would confirm trend reversal and open the path toward $0.82 – $1.35. 📌 Additional Bullish Confirmation: Bullish divergence on RSI (if present) Increasing volume during upward moves --- 🔴 Bearish Scenario: 1. A clear breakdown below $0.2613 on the weekly timeframe would signal a loss of major support. 2. This opens downside risk toward: $0.17 $0.12 Possibly even $0.08 if the market seeks a deeper revaluation. 3. Such a move would likely represent a full structure reset. 📌 Additional Bearish Confirmation: Strong bearish candles with high volume Weak or no bullish reaction within the demand zone --- 🔁 Formations in Play: Accumulation Rectangle: A sideways range often found at market bottoms before new bull cycles. Multi-year Base Formation: Can serve as a launchpad for major parabolic moves if resistance is broken. --- 📚 Conclusion: SAND is at a make-or-break zone. The market is coiled like a spring — preparing either for a new bullish expansion or for further downside pain. Smart traders and investors will: Wait for breakout confirmation Or exit positions on breakdown signals This is a golden zone for preparation, not reaction. --- 📌 Suggested Trading Plan: ✅ Bullish Bias: Scale in within support zone; tight stop below $0.26 ❌ Bearish Bias: Short only after weekly close below $0.26 🧠 Neutral/Waiting: Let the market prove itself #SANDUSDT #CryptoBreakout #AltcoinAnalysis #TechnicalAnalysis #MetaverseToken #SupportZone #BullishScenario #BearishOutlook #SmartMoneyAccumulation #CryptoTA #AccumulationPhase