From the perspective of a seasoned market analyst, the SAND/USDT 4-hour chart is currently in a consolidation phase after experiencing a significant downtrend. Based on market structure analysis, the EMA(7) and EMA(25) moving averages are operating below the EMA(99) moving average, confirming the overall bearish trend. However, recent price action shows potential bottoming patterns. The Bollinger Bands are narrowing, which usually indicates a decrease in volatility and builds energy for the next round of significant price movement. Near the current price level, we observe key resonance of multiple bullish indicators. First, the RSI indicator has shown a clear bullish divergence—when the price set a new low around 0.10858, the RSI formed a higher low, indicating that bearish momentum is waning. Secondly, the MACD indicator is attempting to form a golden cross near the zero line, further strengthening the signal that a trend reversal may occur. The price has received effective support at the key support level of 0.10858 and has rebounded. Based on the resonance of the above support level, RSI divergence, and MACD signals, establishing long positions at this time presents a high-probability trading opportunity, as our entry point is close to a clear support area, with multiple technical indicators suggesting a shift in market momentum.
**Trading Plan:**
- **Entry Price:** 0.1145
- **Target One:** 0.1228
- **Target Two:** 0.1400
- **Stop Loss Price:** 0.1080
SANDUSDT
Perp
0.11158
+0.37%