Market Overview for The Sandbox/Tether (SANDUSDT)

Summary
• Price action formed a bearish reversal pattern near 0.1140 after a failed attempt to break higher.
• Volume surged sharply around 0.1140–0.1145, signaling potential exhaustion at key resistance.
• RSI dipped below 40, suggesting short-term bearish momentum but not extreme oversold conditions.
• Bollinger Bands show moderate contraction mid-day, hinting at a potential breakout attempt.
• Turnover dropped below $85M post-noon ET, indicating reduced participation during the decline.

The Sandbox/Tether (SANDUSDT) opened at 0.1141 on 2025-12-25 12:00 ET, reached a high of 0.1154, and closed at 0.1129 as of 2025-12-26 12:00 ET, with a low of 0.1103. Total 24-hour volume reached 4,904,198.0, while notional turnover amounted to approximately $562,455.

Structure & Formations

Price encountered resistance between 0.1140 and 0.1145, where a large-volume bearish divergence emerged, failing to push above. A potential bullish engulfing pattern appeared at 0.1127–0.1128 in the afternoon, but lacked follow-through. Key support levels include 0.1125 and 0.1113.

Moving Averages

The 5-minute 20 and 50-period moving averages are both bearish, tracking below price. Daily 50- and 200-period lines are closely aligned, suggesting a consolidation phase.

MACD & RSI

MACD turned bearish in the late afternoon, with a negative crossover. RSI has been in neutral territory (30–50), with no extreme levels suggesting either overbought or oversold conditions.

Bollinger Bands

Bollinger Bands narrowed between 0.1133 and 0.1140 during the early afternoon, suggesting a potential breakout. Price has since tested the lower band at 0.1103–0.1105, but failed to break below.

Volume & Turnover

Volume spiked dramatically at 0.1140–0.1145 with a $10,506 notional turnover during the 2:30–3:00 AM ET window. A divergence occurred between falling price and flat volume post-noon, indicating reduced conviction in the downtrend.

Fibonacci Retracements

Fibonacci levels based on the 0.1103–0.1154 swing show 38.2% at 0.1129 and 61.8% at 0.1140. Price currently hovers near the 38.2% level, suggesting it could either consolidate or retest lower levels.

SANDUSDT appears to be entering a phase of potential consolidation or a short-term reversal attempt, with a key near-term focus on the 0.1125 support and 0.1140 resistance. A break below 0.1125 could trigger further downward movement, while a strong retest of 0.1140 may signal a bullish rebound. Investors should watch for divergence between price and volume in the next 24 hours as a risk signal.