Channel
**SAND/USDT – 15-Minute Chart Analysis**
The price has formed a **double bottom** near the **0.3040 - 0.3027** support zone and is showing signs of bullish reversal. A breakout from the short-term downtrend structure has occurred, and a **higher low** is forming.
Entry has been taken at the breakout with a target around **0.3206**, which aligns with a previous resistance level. The stop-loss is set below the recent support zone.
🟢 **Trade Management**: Close **half of the position** at **TP1** to secure profits and let the rest run.
The price has formed a **double bottom** near the **0.3040 - 0.3027** support zone and is showing signs of bullish reversal. A breakout from the short-term downtrend structure has occurred, and a **higher low** is forming.
Entry has been taken at the breakout with a target around **0.3206**, which aligns with a previous resistance level. The stop-loss is set below the recent support zone.
🟢 **Trade Management**: Close **half of the position** at **TP1** to secure profits and let the rest run.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.