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$SAND Trading Signal Based on Technical Analysis 🚀
🔰 Market Trend: Uptrend & Correction Phase
🔰 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.
🔰 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.
🔰 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.
Twitter@CryptoPatel|17:34 PM - Apr 3, 2024
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