Sandbox (SAND) has recently shown a degree of relative strength that has not been observed for some time. Following a strong week marked by above-average momentum, price has now approached a technically important area. The market is entering a phase where it may either attempt further upside continuation or allow room for a corrective move before the next directional expansion.

SAND technical analysis

 

SANDUSD - 1 Day Time Frame

 

SAND has outperformed a large portion of the cryptocurrency market in recent sessions. Over the past week, price has risen by nearly 50% and is currently trading around the $0.165 level. Just above this area sits the 0.5 Fibonacci retracement at $0.172, which overlaps with a key resistance zone spanning $0.169–$0.181. Price has already reached this region and is now fluctuating just below it, suggesting that liquidity is building while the market evaluates its next directional move.

From a support perspective, the first notable level is the 0.382 Fibonacci retracement at $0.157. This area may attract initial buying interest if price rotates lower. Below that, the 0.236 Fibonacci level at $0.138 marks the origin of the most recent upward impulse. This level holds technical importance, as a failure to stabilize above it could weaken the current structure and open the door to further downside expansion.

If downside pressure extends beyond this level, price could rotate into the broader support zone between $0.117 and $0.127. This area represents the strongest support currently visible on the chart. A sustained loss of this zone would likely expose the market to the formation of lower lows.

SAND price target

If SAND manages to build sufficient momentum and break above the $0.169–$0.181 resistance zone, the first upside reference lies at the 0.618 Fibonacci level near $0.187.

Any further upside development would depend on the market’s ability to retest this level and establish acceptance above it. In such a case, attention would shift toward the next resistance zone between $0.202 and $0.214. This area includes the 0.786 Fibonacci retracement at $0.209 and sits just above the psychological $0.20 level, increasing its technical relevance. As a result, this region may present heightened volatility and act as a more substantial obstacle during any upside attempt.