27.04.2025 [Big Breakthrough] SAND breaks the long-term decline channel! A bull market sign?

SAND breaks through the downward channel, is the market turning point coming? Recently, The Sandbox (SAND) token has successfully broken through the long-term continuation of downward channels, and this key technology trend has attracted widespread attention from the market. The long-term downward trend of SAND may be nearing its end, and market participants are closely watching whether a new upward trend is about to unfold. Break through the downward channel and release a positive signal. Since the end of 2024, SAND price has been in a significant downward channel, forming a high and low point that continues to decline. However, on April 26, 2025, SAND successfully broke through the upper rail pressure line of the descending channel. Such technological breakthroughs often mean that the market may usher in a reversal, or at least a significant upward correction. Currently, the price of SAND is $0.3102, up about 0.7% in the past 24 hours. Compared with other mainstream cryptocurrencies, SAND is basically the same as Bitcoin, but rose 1.3% against Ethereum. Key support and resistance levels guide the subsequent trend. Currently, market analysts set US$0.3038 as an important support level for SAND. Once the price can stabilize above this level, it will effectively alleviate the downward pressure. At the same time, US$0.3181 is the primary resistance level. Breaking through this level will further consolidate the bullish power and open up space for subsequent rises. If the buying power continues to increase, technical expectations are expected to launch an impact towards US$0.5340, with a potential increase of 72%. However, the effectiveness of the technical form still requires the amplification of trading volume and the continuous coordination of market sentiment to be finally confirmed. During the market fluctuation period, SAND still needs time to recover. At present, the entire cryptocurrency market is in a stable period since the initial adjustment in 2023, and investors are still cautious in their confidence in SAND. While breaking through the downward channel is often seen as a positive signal, the risk of false breakthroughs remains without fundamental and macroeconomic support. An analyst said on Twitter: "The $SAND price has broken through the resistance line of the downward channel and is expected to start a wave of upward." However, SAND's performance in the short term will still be highly dependent on the overall trend of Bitcoin and changes in investor sentiment towards the altcoin sector. At the same time, the development trend of The Sandbox platform itself will also become an important influencing factor in price trends. Future market outlook: Observation of trading volume and key levels For subsequent market conditions, investors need to focus on the performance of prices near support and resistance levels. If SAND can continue to stand above the resistance level under the support of large volume, the probability of further price rise will be greatly increased. Overall, SAND is in a critical stage of potential reversal, but cautious optimism is still needed before making clear the trend. --- Thank you for watching, don’t forget to like and subscribe!