The post SAND Technical Analysis Feb 23 appeared on BitcoinEthereumNews.com.

SAND, with RSI at 34.92 approaching the oversold region, MACD histogram giving positive momentum signal; however, bearish short-term trend continues below EMA20. Indicators are awaiting volume confirmation for a possible momentum bounce. Trend Status and Momentum Analysis SAND is currently trading at 0.08 dollars and has narrowed its daily range with a 3.62% drop in the last 24 hours. While the overall trend direction is confirmed downward, momentum indicators are producing mixed signals. RSI 14 period at 34.92 approaching oversold region, indicating short-term rebound potential. MACD maintaining bullish tendency with positive histogram, showing momentum not weakening despite price drop. EMA ribbon structure bearish, price trading below EMA20 (0.09 dollars) and negatively affecting short-term trend strength. Volume at 18.56 million dollars is moderate, but no strong distribution supporting the drop; instead, accumulation traces are visible. Multi-timeframe (MTF) confluence has 9 strong levels: 2 supports/1 resistance on daily, 1 resistance on 3-day, weekly 3 supports/3 resistances balance. Supertrend bearish signal but momentum oscillators offering notable recovery opportunity in terms of confluence. Main supports at 0.0793 and 0.0702 dollars (both 63/100 score), resistance at 0.0833 dollars (71/100 score). Bearish target 0.0389 (22 score), bullish target 0.1107 (13 score) appears low probability. RSI Indicator: Buy or Sell? RSI Divergence Analysis RSI 14 period at 34.92 level and just above 30, signaling entry into classic oversold region. Price making new lows at recent bottoms while RSI forming higher lows; this indicates regular bullish divergence and shows momentum strengthening below price. No hidden divergence on daily chart, but RSI holding 40 band on weekly implies trend strength not fully exhausted. Divergence confirms waning selling pressure and groundwork for potential bounce. If RSI drops below 30, bearish momentum may increase; however, current level is critical threshold for buy signal. Overbought/Oversold Regions RSI at 34.92 approaching oversold zone…

---

Filed under: News - @ February 23, 2026 8:26 am