Market Overview for The Sandbox/Tether

Summary
• The Sandbox/Tether traded in a defined range with 5-min support at 0.1290 and resistance near 0.1315.
• A bullish engulfing pattern emerged at 0.1291–0.1303, indicating a potential short-term reversal.
• Volume surged during the 06:00–07:00 ET window, coinciding with a 0.1310–0.1327 consolidation phase.
• RSI reached 58–60, suggesting neutral momentum, with no clear overbought or oversold signals.
• Price tested the 0.1321 Fibonacci 38.2% level twice, failing to break through either time.

The Sandbox/Tether (SANDUSDT) opened at 0.1287 on 2025-12-12 12:00 ET, reached a high of 0.1344, and closed at 0.1334 on 2025-12-13 12:00 ET, with a low of 0.1286. The 24-hour volume was 6,797,100 and notional turnover was approximately $877,384.

Structure and Key Levels

The SANDUSDT pair formed a bullish engulfing pattern at 0.1291–0.1303 during the 17:15–17:30 ET window, which coincided with a sharp increase in volume. Price later found support at 0.1290 and resistance at 0.1315 multiple times over the 24-hour period. A 5-min consolidation pattern emerged above 0.1320, with a failed attempt to break the 0.1321 Fibonacci 38.2% retracement level, suggesting traders remain cautious about further upside.

Momentum and Volatility

RSI hovered between 58 and 60 for much of the session, indicating neutral to mildly bullish momentum with no clear signs of overbought conditions. Bollinger Bands showed modest expansion after 08:00 ET, with price staying within the upper and middle bands, suggesting moderate volatility. MACD lines remained in positive territory, with a narrowing histogram indicating waning bullish momentum.

Volume and Turnover

Volume spiked during the 06:00–07:00 ET window, coinciding with a 0.1310–0.1327 consolidation phase, indicating increased buying interest. Notional turnover remained generally in line with price action, with no significant divergences. The final 30-minute candle before 12:00 ET closed at 0.1334 on higher volume, signaling potential bullish exhaustion.

Forward-looking, SANDUSDT may test the 0.1340–0.1345 resistance zone in the next 24 hours, but a breakdown below 0.1315 could trigger further caution. Investors should watch for volume confirmation on any breakouts or breakdowns.