#SANDUSDT Profit Analysis Update ( 37% Down from our TA#SANDUSDT Profit Analysis Update:
NYSE:SAND is currently trading at $0.39, which represents a 37% decrease from our previous analysis. If you followed our suggestion to short, we hope you earned significant profits. However, even if you didn't short, you still saved your money as it's now down by 37% from that level.
The impact of the SEC lawsuit has caused a substantial 45% decline in NYSE:SAND 's price.
Looking ahead, we anticipate a potential upward move before another leg down towards the $0.2-$0.150 range. Keep a close watch on the $0.380 support level. If it holds, we may witness an upward move towards $0.55 before the subsequent downward movement.
However, if the current support at $0.380 fails, we could see another significant drop.
Our expectation is that NYSE:SAND may reach the $0.2-$0.15 range by the end of this year, presenting excellent buying opportunities for long-term holders.
In the next bull run, we anticipate NYSE:SAND potentially hitting $10, representing nearly a 50x increase from the lower support area.
Please note that this analysis reflects our personal opinion and is not financial advice. We encourage you to conduct your own research before making any investment decisions.
Thank you.