Recently, I noticed that the trend of SAND is quite interesting. It surged directly from 0.11150 to 0.13368, with a 24-hour increase of over 12%, which is indeed a significant momentum. Technically, the RSI has already reached 80, showing strong bullish momentum, and clearly indicating that funds are actively accumulating at lower levels.
The metaverse concept has recently regained popularity, and SAND, as one of the representatives, has performed quite aggressively in this rebound. From the current price of 0.13368, if there is continued buying interest, it could be a good entry point. However, the specific trading strategy should still be based on your own risk tolerance.
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WalletDoomsDay
· 01-20 05:33
Damn, SAND's recent surge can't be sustained anymore. After pushing RSI to 80, you still want to keep going?
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NFTPessimist
· 01-19 09:56
Nah, does this wave of SAND feel like it's cutting the leeks again... RSI 80 has long been a dangerous signal with warnings everywhere.
A 12% increase looks satisfying, but I've seen many coins that turn around and dump... Is the metaverse hype returning? Why do I still not feel it, haha
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LayerZeroJunkie
· 01-17 07:03
SAND is rallying strongly this time, RSI is almost at 80, be careful of a pullback, brother.
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IfIWereOnChain
· 01-17 07:02
Still entering at RSI 80? This rebound feels a bit fake.
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StakeOrRegret
· 01-17 07:01
A 12% increase is good, but with RSI at 80, do you really dare to buy in?
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MultiSigFailMaster
· 01-17 07:00
Still dare to buy in when RSI hits 80? I find it a bit intimidating.
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BrokenYield
· 01-17 06:59
rsi at 80 screams mean reversion tbh... smart money probably already dumped at this resistance level ngl
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GweiObserver
· 01-17 06:52
RSI is already at 80, still dare to chase? This wave is probably going to be a trap for the bagholders.
Recently, I noticed that the trend of SAND is quite interesting. It surged directly from 0.11150 to 0.13368, with a 24-hour increase of over 12%, which is indeed a significant momentum. Technically, the RSI has already reached 80, showing strong bullish momentum, and clearly indicating that funds are actively accumulating at lower levels.
The metaverse concept has recently regained popularity, and SAND, as one of the representatives, has performed quite aggressively in this rebound. From the current price of 0.13368, if there is continued buying interest, it could be a good entry point. However, the specific trading strategy should still be based on your own risk tolerance.