【$SAND Signal】Two-way pending orders, waiting for 1H level trend confirmation

$SAND The 1H level is consolidating with decreasing volume near a key support level. The 4H level remains in a downtrend channel, but the 1H RSI is approaching oversold territory, indicating a potential short-term trend reversal between bulls and bears. Open interest remains stable, and negative funding rates suggest bears are in control, but the price has not accelerated downward, indicating a possible short squeeze rebound.

🎯Direction: Watch and wait(Pending orders)

⚡Breakout buy order: 0.0845 - 0.0850 (Reason: Price stabilizes above the 1H EMA20 and the opening price of the 4H candle, confirming a bullish return)

⚡Pullback buy order: 0.0828 - 0.0832 (Reason: Price retraces to recent 1H lows and daily support zones)

🛑Stop loss (long position): 0.0820 (Reason: Breaks below recent strong support level, establishing a bearish structure)

🚀Target 1 (long): 0.0865 (Reason: Resistance at the 4H previous high and EMA50)

🚀Target 2 (long): 0.0880 (Reason: 1.618 Fibonacci extension level)

🛡️Trading management:

- Position suggestion: Light position (Reason: 4H trend is unclear, only a rebound play at the 1H level)

- Execution strategy: Once any pending order is triggered, if the price quickly rises to Target 1, reduce position by 50% and move stop-loss to entry point. If the price hovers in the entry zone for more than 4 candles on the 1H chart without moving, consider closing the position.

Deep logic: The order book shows a large accumulation of buy orders around 0.0835-0.0836, forming a short-term support wall. The 1H RSI(39.91) is low, indicating a technical rebound may be needed. However, the buying strength on the 4H level is insufficient, and confirmation of direction requires volume increase signals. In a negative funding rate environment, if the price can hold above 0.085, it may trigger a short squeeze driven by long liquidation.

View real-time market 👇 $SAND

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