SAND Bearish Analysis Feb 2

SAND is stuck at the $0.10 level within a sharp downtrend on the daily chart, with RSI at 34.88 approaching the oversold region; if the critical support at $0.0937 breaks, deeper losses may come into play.

Market Outlook and Current Situation

The SAND market is trading at the $0.10 level with a 2.92% decline over the last 24 hours and is negatively affected by the overall bearish atmosphere in the crypto market. On the daily timeframe, volume is hovering at $41.79 million, indicating low activity compared to previous periods. The price is stuck in a narrow band around $0.10 within the 24-hour range, showing that investors are searching for direction. Bitcoin’s 2.13% drop to $77,355 is increasing pressure on altcoins and making recovery difficult for projects like SAND.

The overall trend is confirmed as downtrend; the price continues to stay below EMA20 ($0.12) and the Supertrend indicator is giving a bearish signal. From a weekly perspective, SAND is experiencing a significant correction following the rally at the end of 2025. As market dominance shifts in favor of Bitcoin, altcoin rotation remains weak. In this environment, SAND needs a strong catalyst to break above the Supertrend resistance around $0.14, but the current data flow does not support this. You can examine more detailed charts on the SAND Spot Analysis page.

According to multi-timeframe (MTF) confluence analysis, a total of 12 strong levels were identified across the 1D, 3D, and 1W charts: 1 support/2 resistances on 1D, 2 supports/1 resistance on 3D, and 3 supports/4 resistances on 1W. This distribution emphasizes that resistances dominate in the short term and downside potential is high. There is no specific breakout point for SAND in the news flow, so technical factors are in the foreground.

Technical Analysis: Levels to Watch

Support Zones

The most critical support level stands out at $0.0937 (score: 79/100); this level is located at the intersection of Fibonacci retracement on daily and weekly charts with MTF confluence. If the price pulls back here, a short-term base formation may be possible, but sustained recovery is difficult without volume increase. At lower levels, additional supports from the 3D timeframe point around $0.08, though current momentum carries the risk of testing them.

The strength of support zones stems from past tests; for example, $0.0937 is a level that has reacted multiple times since the October 2025 lows. Investors should monitor this zone, as a breakdown could trigger panic selling and lead to bearish targets ($0.0135, score 20). Evaluate leveraged positions in futures on the SAND Futures Analysis page.

Resistance Barriers

The first resistance is positioned at $0.1085 (score: 67/100); this is a barrier near EMA20 and aligns with the pivot point on the daily chart. Above it, $0.1213 (score: 65/100) forms a stronger obstacle, which is also consistent with Supertrend resistance. For the price to break these levels, RSI divergence and volume increase are required; otherwise, rejections will continue.

The density of resistances is supported by 4 strong barriers on the 1W chart, limiting upward movements. Historically, SAND has experienced 5-10% pullbacks at these resistances; therefore, waiting for confirmation is critical for breakout strategies.

Momentum Indicators and Trend Strength

RSI is at 34.88 and approaching oversold (below 30), carrying short-term bounce potential. However, the MACD histogram is negative and confirms the bearish crossover, indicating downward trend strength. EMAs are bearishly aligned: price below EMA20 ($0.12), with EMA50 and EMA200 forming resistance higher up.

Supertrend is giving a bearish signal, while ADX (average directional index) is around 25, signaling moderate trend strength. The Stochastic oscillator is also in the oversold region, but there is no divergence. Across multiple timeframes, 3D RSI in the 40s shows bearish divergence, emphasizing that the decline may continue. Overall momentum is weak; for a bullish reversal, RSI above 50 and MACD zero line crossover are necessary.

Trend strength analysis confirms the price remains below the Ichimoku cloud; cloud resistance is around $0.13. Volatility is low (ATR 3.5%), which could pave the way for sudden moves. Short-term sideways consolidation is likely, but bearish bias prevails under BTC pressure.

Risk Assessment and Trading Outlook

The risk/reward ratio is calculated around 1:3 for the bearish scenario on a $0.0937 support breakdown (target $0.0135). On the bullish side, the $0.1956 target (score 25) appears low probability, as resistances are thick. Although volatility is low, BTC correlation increases risk; stop-losses should be placed below support.

The trading outlook is cautiously bearish: short-term test of $0.1085 resistance, and if unsuccessful, pullback to $0.0937 expected. Long-term, BTC above $80,000 is required for an altcoin rally. Position sizes should be limited to 1-2%, as liquidity is low. In balanced portfolios, SAND can be considered a high-risk speculative asset.

In a positive scenario, a RSI bounce could move to $0.12, but the negative scenario weighs heavier. Market makers’ behavior and order book depth should be monitored.

Bitcoin Correlation

SAND shows high correlation with BTC (0.85); BTC’s downtrend ($77,355, -2.13%) is pressuring altcoins. BTC supports at $75,720, $73,038, and $64,655 are critical; if $75,720 breaks, SAND’s test of $0.0937 accelerates. Resistances at $77,763, $80,722, $84,348; with BTC Supertrend bearish, SAND recovery remains limited.

As BTC dominance increases, altcoins are experiencing outflows. SAND’s beta coefficient is 1.2; if BTC drops 1%, SAND may decline 1.2%. If BTC falls below $73,000, SAND approaches bearish targets; above $80,000 creates rotation opportunity.