Sandusdt trading opportunitySANDUSDT has achieved a significant milestone by reaching the $8.45 level, which currently stands as its all-time high (ATH). This follow with a substantial correction, with the price plummeting to $0.2763. Our analysis suggests that this price point may serve as the provisional bottom for the current market cycle.
In addition to our findings, we have been monitoring a trendline that has historically acted as a dynamic resistance throughout the correction phase. Notably, this trendline has recently failed to suppress upward price movement, with SANDUSDT breaking out above it. The price has stabilized, indicating a potential shift in market sentiment.
We anticipate a retracement back to this now-supportive trendline, which we consider an opportune moment for long position accumulation with stop loss just below the $0.2763 level to mitigate potential losses should the market take an unexpected downturn. The specific price targets for taking profits were provided on our chart.
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