🔻 $SAND /USDT SHORT SETUP
⚠️ Rejection at Resistance | Mean Reversion Play
📉 Market Context (4H):
SAND just faced a strong rejection at $0.1734 (local top) after a sharp impulse. Price is now pulling back while still overextended from MA(25) — opening a short-term short opportunity.
🧩 Trade Plan (SHORT)
🔴 Entry Zone:
$0.160 – $0.165
(Rejection area + post-impulse weakness)
🛑 Stop Loss:
$0.174
(Above recent high → invalidates short bias)
🎯 Take Profit Targets:
TP1: $0.151
TP2: $0.145 (MA25 support)
TP3: $0.130 (MA99 / key demand zone)
📊 Risk–Reward
RR to TP2 ≈ 1 : 2
RR to TP3 ≈ 1 : 3+
❌ Invalidation
4H close above $0.174
Strong bullish volume reclaiming highs
SAND
0.1144
-5.99%