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Summary
• Price action formed a bullish engulfing pattern at 0.1388, followed by a measured recovery to 0.1448.
• RSI overbought at 70 during the late morning push, suggesting potential pullback risk.
• Volume surged during the 9:15–9:45 ET window, confirming the break above 0.144.
• Bollinger Bands showed moderate expansion, with price staying near the upper band during the rally.
• Fibonacci 61.8% level at 0.1426 aligned with a minor support, reinforcing consolidation potential.
The Sandbox/Tether (SANDUSDT) opened at 0.1397 at 12:00 ET–1, reached a high of 0.1448, a low of 0.1371, and closed at 0.1435 by 12:00 ET. The 24-hour volume totaled 15,448,380.0 with a notional turnover of $2,212,843.26.
SANDUSDT appears to consolidate near 0.144, having reached key resistance. A break below 0.142 could bring renewed downward pressure. Investors may watch the 0.140–0.142 range for confirmation of a balanced setup. Volatility and momentum indicators suggest caution for the next 24 hours.
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