The last stronghold with BINANCE support: SANDUSDT by MonoCoinSignal – Technische Analyze – 2022-08-28 08:10:59

Hello dear TradingView Individuals .

Sandwich hit a support range from $1.13 to $1.185 over the past week as it continues its downtrend. Due to the strong selling pressure, the strength of the support was not enough to hold the price, and after this support was broken, we saw a further pullback to the $1 range. In the past few days, the sandbox price trend varied, and the day before, the $1 support for the sandbox was also broken due to the negative news that had a negative impact on the entire market.

The price has now found support in the $0.94 range and if this range continues, it has found another range. Downtrend expected currency. However, if the selling pressure increases, by breaking this support, the price may continue its downward trend to the previous floor in the range from $0.69 to $0.76. On the weekly time frame, the main support is the bottom of the latest ascending wave, and if broken, the $0.61-$0.65 range will be the last. support level in the medium term.

Good luck and God bless you!

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