Super heavy rejection at 1069. Now would be a good time to re-open staggered long entries as this Head-and-Shoulders pattern forms. Obviously, a rejection as we enter the right shoulder would lead to a test of the .50 Fib but this coin has shown legs over the past few days.
Looks like pennant popped earlier than I had thought it would. Nice little cup-&-handle forming as well. Will be staying long on this.
Looks like there's some heavy buying as well as selling pressure around 725-760 sats. The .786 might hold but I see a retest at 600 as more likely unless the bull pennant that is taking shape comes to fruition; even then though, to reach beyond 900 with no retests would leave us with a very tired looking chart. Overall, I see plenty of growth here but the profit...
SAND, among other NFTs are booming and the slowdown isn't anywhere in sight. Mainstream money is flowing to these coins so downside isn't uber-risky IMO.