Trader_Mich

SAND Bullish structure

Long
Trader_Mich Updated   
BINANCE:SANDUSDT   SAND / TetherUS
Reasons to long:
1. Fundamentals
-Metaverse NFT token which have good perspective in the future
2. TA
- Bullish market structure
- Breaking 229 days consolidation range(very bullish) with resistance at 0.8230
- RSI is in bullish zone
- Above 50 day MA
- Bulish Trendline starting from 24 of June


TP1: 1.857
Stop Loss : 0.70
Risk/Reward Ratio 3.9

Good Luck!
Comment:
TP1 reached
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