The post SAND Bearish Analysis Feb 2 appeared on BitcoinEthereumNews.com.

SAND is stuck at the $0.10 level within a sharp downtrend on the daily chart, with RSI at 34.88 approaching the oversold region; if the critical support at $0.0937 breaks, deeper losses may come into play. Market Outlook and Current Situation The SAND market is trading at the $0.10 level with a 2.92% decline over the last 24 hours and is negatively affected by the overall bearish atmosphere in the crypto market. On the daily timeframe, volume is hovering at $41.79 million, indicating low activity compared to previous periods. The price is stuck in a narrow band around $0.10 within the 24-hour range, showing that investors are searching for direction. Bitcoin’s 2.13% drop to $77,355 is increasing pressure on altcoins and making recovery difficult for projects like SAND. The overall trend is confirmed as downtrend; the price continues to stay below EMA20 ($0.12) and the Supertrend indicator is giving a bearish signal. From a weekly perspective, SAND is experiencing a significant correction following the rally at the end of 2025. As market dominance shifts in favor of Bitcoin, altcoin rotation remains weak. In this environment, SAND needs a strong catalyst to break above the Supertrend resistance around $0.14, but the current data flow does not support this. You can examine more detailed charts on the SAND Spot Analysis page. According to multi-timeframe (MTF) confluence analysis, a total of 12 strong levels were identified across the 1D, 3D, and 1W charts: 1 support/2 resistances on 1D, 2 supports/1 resistance on 3D, and 3 supports/4 resistances on 1W. This distribution emphasizes that resistances dominate in the short term and downside potential is high. There is no specific breakout point for SAND in the news flow, so technical factors are in the foreground. Technical Analysis: Levels to Watch Support Zones The most critical…

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Filed under: News - @ February 2, 2026 2:12 am