Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
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 Updates: Bitcoin Breaks Past $112,000 as Investors Turn to Digital Safe Haven

- Bitcoin surged past $112,000 following the U.S. Federal Reserve's policy decision, driven by geopolitical optimism, institutional interest, and strategic trading. - A seasoned trader, "0xc2a," secured $17 million in profits through Bitcoin and Ethereum long positions, highlighting whale influence on market sentiment. - Trump's planned meeting with Xi Jinping and a $400M influx into Bitcoin's DeFi protocols pushed prices to a 10-day high near $114,000. - Institutional adoption and $10B in Q3 M&A, alongsid

Bitget-RWA2025/10/29 18:42
Bitcoin Updates: Bitcoin Breaks Past $112,000 as Investors Turn to Digital Safe Haven

Meta's introduction of AI-powered advertisements ignites a discussion on privacy concerns versus technological advancement as their launch approaches

- Meta will launch AI-driven hyper-targeted ads using first-party data from chat interactions starting Dec 16, 2025. - The strategy excludes sensitive topics and complies with GDPR in the EU, but U.S. users lack opt-out options, raising privacy concerns. - Experts warn of data collection incentives and potential industry shifts toward stricter privacy frameworks. - Meta's approach aims to boost engagement and advertiser ROI while competing in the AI-advertising landscape.

Bitget-RWA2025/10/29 18:26
Meta's introduction of AI-powered advertisements ignites a discussion on privacy concerns versus technological advancement as their launch approaches

Bitcoin News Update: Federal Reserve Shifts Course—Crypto Markets Brace for Critical Volatility Challenge

- The Fed's Oct 29 rate cut decision (25bps expected) drives crypto volatility, with markets pricing 96.7% cut probability and anticipating 2026 policy clues from Powell's remarks. - Bitcoin hovers near $113k-$115k, poised for $104k or $120k swings based on Fed stance, while $358M short liquidations highlight "buy the dip" potential post-announcement. - U.S.-China trade summit adds uncertainty; BTC briefly reclaimed $116k on improved relations but retreated as institutional demand waned, with $114k support

Bitget-RWA2025/10/29 18:26
Bitcoin News Update: Federal Reserve Shifts Course—Crypto Markets Brace for Critical Volatility Challenge