Market Overview for The Sandbox/Tether (SANDUSDT) as of 2025-11-11

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Tuesday, Nov 11, 2025 1:42 pm ET2min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
Aime RobotAime Summary

- SANDUSDT rebounded from 0.202–0.204 support, surging to 0.2135 with volatility expansion.

- RSI hit overbought levels (68–70), while MACD showed mixed momentum and bullish crossovers.

- Volume spiked during the 0.21–0.2135 rally, confirming bullish conviction and Fibonacci retracement support.

- A backtest suggested a +2.7% average return using RSI/MACD signals, though with low statistical significance.

Summary
• Price action formed a bullish rebound off the 0.202–0.204 support zone.
• Volatility expanded during late hours as price surged to 0.2135.
• RSI showed overbought conditions, while MACD signaled mixed momentum.
• Volume spiked during the 0.21–0.2135 rally, confirming bullish conviction.
• Downturns after 0.2135 were met with moderate selling pressure.

The Sandbox/Tether (SANDUSDT) opened at 0.2037 on 2025-11-10 at 12:00 ET and closed at 0.2044 on 2025-11-11 at 12:00 ET. The pair reached a high of 0.2135 and a low of 0.2020, reflecting a 24-hour range of 0.0115. Total volume traded over the period was 14,692,378, with a notional turnover of approximately $2,994,718.

Structure & Formations


The price formed a key support level between 0.2020 and 0.2040, holding for several candles before breaking higher. A bullish engulfing pattern was observed at 0.2073-0.2085 in late evening trading. A doji formed at 0.2104-0.2105, suggesting indecision near a 61.8% Fibonacci retracement of the prior rally.

Moving Averages


On the 15-minute chart, the 20-period MA crossed above the 50-period MA in the early hours of November 11, confirming a short-term bullish bias. Daily MAs (50, 100, 200) show a mixed bias with the 50-period MA approaching the 100-period MA from below, suggesting a potential trend reversal or consolidation phase.

MACD & RSI


The MACD histogram showed a brief bullish crossover in the early morning, aligning with volume spikes. RSI surged to 68–70 in the late afternoon, indicating overbought conditions. A pullback below the 50 RSI level after 0.2135 signaled caution among buyers.

Bollinger Bands


Bollinger Bands expanded as volatility increased during the 0.2105–0.2135 rally. Price closed the 24-hour period near the upper band, suggesting a potential consolidation phase ahead. A contraction in band width occurred prior to the breakout, hinting at a buildup of momentum.

Volume & Turnover


Volume increased significantly during the 0.21–0.2135 rally, with the largest 15-minute turnover occurring between 22:45 ET and 23:15 ET. Price and turnover aligned positively during the rally, supporting the strength of the move. A divergence in volume occurred during the pullback to 0.2070, signaling weaker follow-through.

Fibonacci Retracements


Fibonacci levels played a key role during the 24-hour period. The 0.2105–0.2135 rally saw price retrace to 61.8% at 0.2109 before finding support. On the daily chart, a 38.2% retracement from a larger move sat near 0.2040, which acted as a key floor for most of the session.

Backtest Hypothesis


The provided backtest suggests a potential edge in a strategy triggered by short-term overbought RSI and diverging MACD, holding for 30 days. The average return of +2.7% outperformed a -2.1% benchmark, with a win rate peaking at nearly 58% around day 12. While the edge is positive, the low statistical significance implies noise or curve-fitting. To improve robustness, the signal could be refined by filtering for strong trend setups or tightening the holding period. The technical indicators used in the backtest (RSI, MACD, and Fibonacci levels) are consistent with the patterns observed in the 24-hour data, such as the overbought RSI, bullish MACD crossovers, and Fibonacci retrace support.