Examining SAND’s price action: Ready for an 80% hike?

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Examining SAND’s price action: Ready for an 80% hike?
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The Sandbox [SAND] has confirmed a breakout from its falling wedge pattern, raising anticipation of a significant upward price movement.

SAND’s breakout from a falling wedge pattern signals an 80% price surge if it clears the 100-day moving average.has confirmed a breakout from its falling wedge pattern, raising anticipation of a significant upward price movement. With key targets set at $0.31 and $0.40, analysts are closely watching the 100-day moving average.

Generally, a falling exchange reserve implies that fewer tokens are available for sale, suggesting that investors are holding onto their assets in anticipation of a price rise. This imbalance indicates that traders betting against SAND are facing losses as the asset strengthens.

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