Market Overview for The Sandbox/Tether (SANDUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 9, 2026 3:10 pm ET1min read
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Aime RobotAime Summary

- SANDUSDT tested 0.1175-0.1179 support, forming a bullish engulfing reversal pattern after hitting oversold RSI levels below 30.

- Volatility surged with 6-hour volume exceeding 500,000, while Bollinger Bands widened, signaling potential breakout risks.

- Price closed near 50-period MA at 0.118, maintaining consolidation as key resistance at 0.119 remains unbroken despite strong overnight buying.

- Elevated volatility and $1.05M notional turnover highlight market uncertainty, with outcomes dependent on sustained buying above 0.119 resistance.

Summary
• Price tested key support at 0.1175–0.1179, bounced with a bullish engulfing pattern.
• RSI hit oversold levels below 30, suggesting potential short-term buying interest.
• Volatility expanded in the last 6 hours, with volume surging above 500,000.
• Price closed near the 50-period MA, signaling potential continuation of consolidation.
• Bollinger Bands widened, indicating increased uncertainty and potential breakouts.

The Sandbox/Tether (SANDUSDT) opened at 0.118 on 2026-01-08 12:00 ET, reaching a high of 0.1218 and a low of 0.1159 before closing at 0.118 on 2026-01-09 12:00 ET. Total volume was 9,128,878, with a notional turnover of $1,053,779.

Structure & Support/Resistance


The price formed a bullish engulfing pattern at 0.1175–0.118, signaling a short-term reversal. Key support levels remain at 0.1175 and 0.1169, with resistance forming near 0.119.

Momentum and Moving Averages


RSI reached oversold territory below 30, suggesting a potential rebound. Price closed near the 50-period MA on the 5-minute chart, showing mixed signals.

Volatility and Bollinger Bands


Volatility expanded significantly, with Bollinger Bands widening over the last 6 hours. Price remains within the bands, but a break above 0.120 could signal renewed momentum.

Volume and Turnover


Volume spiked above 500,000 in the final hours, with strong buying interest seen between 01:30 and 02:00 ET. Notional turnover aligned with volume, supporting the potential for a sustained rally.

The market appears poised for a breakout or continuation of consolidation depending on whether buyers commit above 0.119. Investors should monitor for a break of this level, but keep in mind that elevated volatility may bring sharp corrections if sentiment shifts.