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$SAND Trading Signal Based on Technical Analysis πŸš€

πŸ”° Market Trend: Uptrend & Correction Phase

πŸ”° Strategy: #SAND is currently experiencing a correction within its uptrend, showing potential for a strong bounce back from the support zone. We recommend waiting for the price to reach this support zone and exhibit a rebound before entering a long position.

πŸ”° Why This Signal?

SAND has been making new highs, indicating a strong uptrend.The correction phase presents a prime buying opportunity for a continuation of the trend.

πŸ”° Risk Management:

Ensure to place the stop loss below 200MA to manage risk effectively. Adjust your position size accordingly to not risk more than 1-2% of your trading capital.

#Sandbox #Altcoin

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April 03, 2024 at 5:40 PM

Twitter@CryptoPatel|17:34 PM - Apr 3, 2024
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Crypto Patel

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