SAND Technical Analysis Feb 24
The post SAND Technical Analysis Feb 24 appeared on BitcoinEthereumNews.com.
SAND continues in its downtrend while approaching critical supports at $0.08; the risk/reward ratio for long positions is unfavorable according to the bearish target of $0.0391. Investors should focus on capital protection with %1-2 capital risk limits and ATR-based stop losses. Market Volatility and Risk Environment SAND’s current price is at $0.08 and has shown a %4.43 decline in the last 24 hours. Despite the daily range being narrow ($0.08 – $0.08), the overall trend is downward and Supertrend is giving a bearish signal. RSI at 33.30 is approaching the oversold region, which offers short-term rebound potential, but remaining below EMA20 ($0.09) confirms bearish short-term momentum. Although market volatility appears low, the general risk environment in crypto markets is triggered by BTC’s %4.84 decline. ATR (Average True Range) analysis shows sensitivity to sudden breakouts despite recent narrow ranges; investors should not ignore liquidity risk in case of volatility expansion. In multi-timeframe (MTF) evaluation, 8 strong levels were identified on 1D/3D/1W: 2 supports/0 resistances on 1D, 1S/1R on 3D, 3S/3R on 1W. This structure increases the risk of downward breakout and can lead to rapid erosion of support levels in case of a volatility explosion. Risk/Reward Ratio Assessment Potential Reward: Target Levels Bullish target $0.1107 (score:13) is approximately %38 above the current price, but difficult to reach under bearish momentum. This level can be validated with a close above EMA20 and RSI turning 50+. However, long-focused approaches in a downtrend disrupt the risk/reward balance; the reward potential is low-scoring and distant. Potential Risk: Stop Levels Bearish target $0.0391 (score:22) is %51 below the current price, indicating high bearish probability. Main supports at $0.0766 (score:66/100) and $0.0702 (score:65/100); a break of these levels accelerates the downtrend. Risk/reward ratio for longs is around 1:0.75 (risk > reward), favorable at 1:2+ for shorts –…
Filed under: News - @ February 24, 2026 11:17 am