Market Overview for The Sandbox/Tether (SANDUSDT) on 2025-09-18

• The Sandbox/Tether (SANDUSDT) traded in a narrow range, with price consolidating near key resistance levels.
• Volatility dipped mid-session but surged post-18:00 ET as prices tested 0.3020 before retreating.
• On-balance volume increased steadily after 19:30 ET, hinting at potential bullish accumulation.
• RSI remains neutral, while MACD suggests waning bearish momentum.

At 12:00 ET on 2025-09-18, The Sandbox/Tether (SANDUSDT) opened at 0.2974, hit a high of 0.3138, a low of 0.2962, and closed at 0.3113. The 24-hour period saw a total trading volume of 10.1 million units and a notional turnover of $3.14 million, reflecting a steady flow of activity. Price consolidated above critical psychological levels, with increasing volume indicating potential support building at 0.3000–0.3050.

The structure of the candlesticks over the past 24 hours showed a bearish rejection at 0.3020 in the early hours, followed by a strong rebound and accumulation phase from 19:30 ET. A bullish engulfing pattern formed at 0.3006–0.3020, which may suggest short-term buyers stepping in. A doji appeared around 0.3047, hinting at indecision between bulls and bears, while the price failed to break the 0.3138 level, indicating a key resistance cluster.

Bollinger Bands show a tightening of volatility in the early morning before expanding again after 19:30 ET, consistent with increased volume and price movement. The price closed within the upper band at 0.3138, suggesting heightened bullish momentum. MACD remained above zero but began to flatten, signaling a potential slowdown in upward momentum. RSI hovered around 55–60, indicating a neutral zone with no immediate overbought or oversold signals.

Fibonacci retracement levels from the key swing low at 0.2962 to the high at 0.3138 suggest the 61.8% level is at 0.3069, which the price briefly tested but did not close above. The 38.2% level at 0.3099 has shown support, and a sustained break above this could set the stage for a test of the 0.3138 resistance. Daily 50- and 200-period moving averages remain below the current price, suggesting bulls have control for now.