The Sandbox/Tether Market Overview for October 12, 2025

• The Sandbox/Tether (SANDUSDT) fell to a 24-hour low of $0.1913 before rebounding to close near $0.2003.
• Price experienced strong bearish momentum early in the session but reversed with a 5% rally into the early afternoon.
• Bollinger Band contraction was observed mid-morning, followed by a breakout.
• Volatility spiked as volume surged above 13M at 15:00 ET, confirming the bullish reversal.
• RSI moved from oversold territory into neutral, suggesting potential for further consolidation.

The Sandbox/Tether (SANDUSDT) opened at $0.2030 on October 11 at 12:00 ET, reached a high of $0.2125, a low of $0.1913, and closed at $0.2003 by 12:00 ET on October 12. Total volume across the 24-hour period was 17,690,456 units with a notional turnover of $3.55 million. The pair exhibited a bearish start but reversed with strong buying pressure in the afternoon, culminating in a bullish close.

The 15-minute OHLCV data reveals a significant bearish trend in the first half of the session, with price plunging from $0.204 to as low as $0.1913. This was followed by a reversal beginning at 19:00 ET on October 11 and accelerating into the early afternoon of October 12. The most notable support level was identified around $0.1913, which held during a brief dip, while resistance emerged at $0.2005 and $0.2055. A bullish engulfing pattern was observed around 15:00 ET on October 12, signaling potential short-term strength.

MACD turned positive by 14:30 ET, supporting the bullish reversal, while RSI moved from oversold territory into the 50–60 range, suggesting the asset may consolidate rather than trend further. Bollinger Bands were observed in a narrow range from 10:00 to 14:00 ET, followed by a breakout to the upside. Price closed near the upper band, suggesting continued momentum in favor of the bulls. Volume and turnover increased significantly during the breakout, especially around 15:00 and 16:00 ET, with over 1.3 million units traded at the 15:00 ET candle, confirming the move’s strength.

Fibonacci retracement levels were key in identifying potential support and resistance during the intra-day pullbacks and rebounds. The 61.8% level at $0.1985 acted as a minor support, and the 38.2% at $0.2036 served as a minor resistance during the afternoon rally.

Given the observed bullish reversal and confirmation from volume and momentum indicators, SANDUSDT may continue to consolidate or even test the $0.2055 resistance in the next 24 hours. However, traders should remain cautious of potential pullbacks toward the $0.1950 level, especially if volume fails to confirm further gains.

Backtest Hypothesis
The backtesting strategy described involves entering long positions on a bullish engulfing pattern confirmation with additional filters from RSI and volume. A buy signal would be triggered when RSI moves out of oversold territory (below 30) and volume surges by at least 30% above the 24-hour average. Stops would be placed below the prior swing low, and targets would align with the next Fibonacci retracement level. Based on today’s action, this strategy would have triggered a buy at 15:00 ET on October 12, with a stop at $0.1940 and a target at $0.2036. A follow-up position could be entered at 15:15 ET as volume spiked and RSI confirmed. This hypothesis suggests a historically effective approach to trading SANDUSDT during reversal setups, though further testing across multiple cycles is recommended.