【$SAND Signal】Pullback to add longs + 1H level bottoming rebound

$SAND The 1H level is building a platform above 0.0800, with the price rebounding from the intraday low. Although the 4H level is in a downtrend channel, the open interest remains stable, with no signs of panic selling. The 1-hour RSI has rebounded from the oversold zone, indicating short-term selling pressure is weakening and a technical rebound is likely. Market depth data shows buy orders are significantly thicker than sell orders, and there are signs of support around 0.0808.

🎯 Direction: Long (pullback to add longs)

⚡ Entry/Order: 0.0800 - 0.0808

🛑 Stop Loss: 0.0790

🚀 Target 1: 0.0825

🚀 Target 2: 0.0840

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position for Target 2. If the price pulls back and breaks below the moving stop loss, exit all positions.

Depth Logic: The price is declining but open interest remains stable. Coupled with negative funding rates, this looks more like passive long liquidation rather than main force selling. The 1-hour RSI shows a potential bullish divergence, and the latest 1-hour buy ratio is as high as 66%, indicating active support at this level. The 0.0800-0.0808 zone below is an optimized key support and accumulation area with a favorable risk-reward ratio.

Check real-time market 👇 $SAND

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #GateforAI重磅上线