Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
The Sandbox (SAND) Holds Key Support — Could This Pattern Trigger an Upside Breakout?

The Sandbox (SAND) Holds Key Support — Could This Pattern Trigger an Upside Breakout?

CoinsProbeCoinsProbe2025/10/29 14:00
By:Nilesh Hembade

Date: Wed, Oct 29, 2025 | 08:20 AM GMT

The broader cryptocurrency market is showing a cautious tone head of today’s the Federal Reserve’s policy meeting, where a potential interest rate cut remains a key focus. Both Bitcoin (BTC) and Ethereum (ETH) are slightly in the red, extending mild weakness across major altcoins — including The Sandbox (SAND).

While SAND is seeing a modest dip today, the latest chart formation suggests that the token might be preparing for a larger directional move, provided it continues to hold its crucial support level.

The Sandbox (SAND) Holds Key Support — Could This Pattern Trigger an Upside Breakout? image 0 Source: Coinmarketcap

Holds Symmetrical Triangle Support

On the 4-hour chart, SAND has been consolidating within a symmetrical triangle pattern — a neutral yet often powerful technical setup that typically precedes a volatility breakout.

After facing an 8% rejection from the triangle’s upper resistance zone, SAND pulled back to retest its ascending support trendline near $0.2057. Buyers once again stepped in around this level, defending the structure and helping price rebound to about $0.2112, showing early resilience.

The Sandbox (SAND) Holds Key Support — Could This Pattern Trigger an Upside Breakout? image 1 The Sandbox (SAND) 4H Chart/Coinsprobe (Source: Tradingview)

This ascending support trendline has consistently acted as a dynamic demand zone since the October 10 crash, cushioning each pullback and reinforcing the base of the current pattern.

What’s Next for SAND?

If bulls can defend the ascending support trendline, SAND may soon attempt a retest of the triangle’s upper boundary near $0.2180. A decisive breakout and retest above this resistance zone could open the door for a trend expansion, with an upside target near $0.2653 — a level that aligns with the measured move projection from the triangle formation and previous swing highs.

Conversely, if price fails to sustain above support, SAND could experience renewed selling pressure, potentially sliding toward the lower triangle boundary before any renewed breakout attempt.

For now, the technical structure remains intact, suggesting that the next few sessions could be pivotal in determining whether SAND breaks upward or remains trapped in consolidation mode.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Today: Bitcoin surges to $90K—Is this a sign of a new cycle or an early warning of another downturn?

- Bitcoin surged past $90,000 amid November's 29% drop from its October $126,000 peak, signaling a tentative recovery. - Ethereum , Solana , and other major cryptos rose 3-5%, while the Crypto Fear & Greed Index improved slightly to 15. - Technical indicators show Bitcoin testing critical levels, with analysts divided on whether $90,000 marks a cyclical bottom or temporary respite. - Institutional flows and on-chain data reveal mixed sentiment, as Fed policy uncertainty and bearish structures persist. - Lo

Bitget-RWA2025/11/27 11:42

The Iceberg Phenomenon: Unseen Dangers of AI’s Labor Force Surface Across the Country

- MIT's Iceberg Index reveals AI could replace 11.7% of U.S. jobs ($1.2T in wages), impacting sectors like finance and healthcare beyond tech hubs. - The tool maps 151M workers across 923 occupations, highlighting hidden risks in routine roles (e.g., HR, logistics) versus visible tech layoffs. - States like Tennessee and Utah use the index for reskilling strategies, while C3.ai partners with Microsoft to expand enterprise AI solutions. - Despite C3.ai's market expansion, its stock faces volatility, reflect

Bitget-RWA2025/11/27 11:26

Where Saving Animals and Supporting People Come Together: The Gentle Barn's Comprehensive Approach

- The Gentle Barn, a California-Tennessee sanctuary, merges animal rescue with human emotional healing through acupuncture, mobility aids, and therapeutic interactions. - Its volunteer programs and $75 season passes support financial sustainability while fostering compassion between humans and rescued animals like turkeys and hoofless goats. - The nonprofit's holistic model attracts attention as a case study in combining veterinary care with mental health initiatives, despite scalability challenges in nonp

Bitget-RWA2025/11/27 11:26
Where Saving Animals and Supporting People Come Together: The Gentle Barn's Comprehensive Approach

XRP News Today: With Tether and USDC under examination, RLUSD from the UAE stands out as a regulatory-compliant stablecoin option.

- Ripple's RLUSD stablecoin received ADGM approval as a regulated fiat-referenced token in Abu Dhabi, enabling institutional use in payments and treasury management. - Pegged 1:1 to the USD with NYDFS oversight, RLUSD ($1.2B market cap) offers compliance-driven alternatives to USDT/USDC amid global regulatory scrutiny. - UAE's ADGM-DIFC regulatory framework positions the region as a crypto innovation hub, with Ripple expanding partnerships through Zand Bank and Mamo fintech . - The approval aligns with UAE

Bitget-RWA2025/11/27 11:08
XRP News Today: With Tether and USDC under examination, RLUSD from the UAE stands out as a regulatory-compliant stablecoin option.