Sandusdt trading opportunity

SANDUSDT has achieved a significant milestone by reaching the $8.45 level, which currently stands as its all-time high (ATH). This follow with a substantial correction, with the price plummeting to $0.2763. Our analysis suggests that this price point may serve as the provisional bottom for the current market cycle.

In addition to our findings, we have been monitoring a trendline that has historically acted as a dynamic resistance throughout the correction phase. Notably, this trendline has recently failed to suppress upward price movement, with SANDUSDT breaking out above it. The price has stabilized, indicating a potential shift in market sentiment.

We anticipate a retracement back to this now-supportive trendline, which we consider an opportune moment for long position accumulation with stop loss just below the $0.2763 level to mitigate potential losses should the market take an unexpected downturn. The specific price targets for taking profits were provided on our chart.

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The price of Sandusdt has successfully broken out of the falling wedge pattern. The subsequent pullback to the wedge level has created an opportunity for long positions. The accumulation zone provided is considered favorable for initiating long trades, targeting the specified area as indicated on the chart.

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