Volume Surge! Can It Escape the Bottom Range?

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Volume Surge! Can It Escape the Bottom Range?SAND / TetherUSBINANCE:SANDUSDTreadCrypto Hello, traders. Nice to see you all. If you follow me, you can always receive new updates quickly. Have a great day today as well. ------------------------------------- The price has shown a consistent downtrend over a long period of time. During this upward move, we need to monitor whether the price can rise above: 1st target: 0.08666 2nd target: 0.13303 To achieve this, the price must remain above 0.05135 and break above the short-term resistance zone at 0.06927 - 0.07789. If the price falls below 0.05135, it would be better to stop trading and observe the market situation. A significant amount of trading volume has been recorded this month. However, considering the substantial decline that has occurred, the increase in volume may not necessarily have major significance. Nevertheless, since the trading volume is unexpectedly high, I believe it is worth adding this coin to the watchlist and monitoring its progress. Basically, to confirm a transition into an uptrend, the price needs to rise above 0.24198. To maintain the uptrend, it needs to move above 0.36297. Although this year has generally been a bearish year, I believe there is a high possibility of a trend change starting in October. Therefore, this is a good time to search for coins to accumulate for the bull market that may begin next year. Once the bull market starts, altcoins are likely to rise through rotational pumping. However, for coins that you plan to hold in the medium to long term, gradual accumulation should begin before the uptrend starts. The remaining two months of this year will be an important period for deciding which coins (assets) to hold for the medium to long term. Above all, I believe that projects with higher market capitalization rankings are generally the better choice. --- Thank you for reading to the end. I wish you successful trading.