【$SAND Signal】Long + Volume Contraction Retest of Key Support, Mainstream Protective Buying Evident

$SAND price precisely retested EMA200, bullish defense line rock solid. On 4H timeframe, price constructed a small platform near 0.0820, while 1H RSI has dropped to 36.62, entering the oversold zone, but price has not shown panic-driven volume surge decline—this is typical volume contraction wash-out characteristics. Order book depth shows that the 0.0817-0.0818 zone below has accumulated over 400,000U in buy orders, support is exceptionally strong.

🎯 Direction: Long (Retracement Entry)

⚡ Entry/Pending Order: 0.08114 - 0.08132 zone, batch buying in tranches

🛑 Stop Loss: 0.07964

🚀 Target 1: 0.08802

🚀 Target 2: 0.09138

🛡 ️Trade Management:
- Execution Strategy: Batch profit-taking is the way to go. Once price reaches first target 0.08802, it is recommended to reduce position by 50% and lock in this portion of profits. The remaining position will move stop loss up near entry price, achieving zero-risk play for higher targets.

Deep Logic: Market signals suggest price decline, but open interest (OI) remains stable, not decreasing with price drop. This strongly suggests the current decline is not large-scale long liquidation or mainstream profit-taking, but rather shorts applying pressure at key levels. Combined with the massive buy orders accumulated below the bid price, this is very likely mainstream players actively protecting the position and absorbing selling pressure. Once short-side momentum exhausts, the suppressed bullish energy will rapidly release, forming a short squeeze rebound.

View Real-time Charts 👇 $SAND
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