SAND’s breakout from the falling wedge indicates a strong bullish trend, with current trading at 0.3995 USD, representing a rise of 10.31% in the previous day.
The immediate resistance level to watch is 0.80 USD, failure to maintain above this could hinder upward momentum, while success could lead to a target price of 1.50 USD.
Recent data shows a 500% increase in transactions between 1,000,000 USD and 10,000,000 USD, indicating significant institutional accumulation and overall positive momentum in network activity.