Price is trading below both the 20 and 50 EMAs, confirming the bearish structure. The RSI at 26.6 is deeply oversold but can stay compressed in strong trends — the last time it reached this region, $SAND dropped another 8%. With three profit targets defined, this short setup offers a clean risk-to-reward ratio.
Will 0.04688 hold as the final target, or are we seeing a liquidity grab before continuation?
Not financial advice. Always manage your risk.
#SAND #ShortSetup #Bearish #RSI #Crypto
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