️ #SANDUSDT Weekly Analysis — Final Base Test Before Potential Recovery?
Published: May 10, 2025
Timeframe: 1W | Exchange: Binance
Author: HamadaMark
Market Structure Overview
SAND has returned to its historical accumulation zone near $0.28–$0.33 after completing multiple falling wedge breakdowns throughout 2023–2025.
Price is now attempting a bounce from a major demand floor, forming what could become a mid-cycle double bottom.
Macro Setup Observations:
Retest of strong horizontal demand zone (2021 launch base)
Clear panic wick below structure, followed by bounce
Similar formation to 2022 → 2023 reversal setup
Weekly candle reclaiming 200MA zone
🟦 Critical Support Zone (Demand Base):
Main Support: $0.28–$0.33
Panic Level / Invalid Zone: Close below $0.27–$0.25 = breakdown risk
If this zone fails, structure targets as low as $0.10–$0.07 become possible
Upside Resistance Targets (if Bounce Confirmed):
TP1: $0.4678 – Previous wedge support → now resistance
TP2: $0.8344 – Multi-month range top
TP3: $1.3493 – Mid-cycle top (2022 level reclaim)
️ Risk/reward becomes attractive above $0.35 reclaim with macro upside of 100–300%
🧠 Strategy Insight
• DCA is favorable in the blue box zone with tight SL
• Stronger confirmation = reclaim of red box ($0.47)
• Breakout traders should wait for weekly close above $0.47 + retest
Volume + structure confirm this area remains a “make or break” pivot zone
What’s Next?
If $0.28–$0.33 holds and we reclaim the $0.47–$0.50 resistance box, SAND could attempt a multi-leg recovery into Q3–Q4.
If we lose $0.27, exit and reassess at deeper levels.
SAND is at its most critical level in years — this isn’t the time to fade structure. If it holds, the upside opens fast.
we ask Allah reconcile and repay