SAND is testing the lower boundary support of a descending wedge on the weekly chart. Based on the current price action, this area is very likely to become an entry point for a rebound. If it can successfully break through this key support level, SAND is expected to rally back to around $3.62. Market participants need to closely monitor whether this level can absorb buying pressure—once it stabilizes, the upward potential will be unlocked. Breakouts from this type of wedge often offer an ideal risk-reward ratio, making it worth traders' close attention to SAND's subsequent movements.

SAND-5.35%
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