SAND's Surge: Will Resistance Levels Spark a New Rally?

SAND, the native token of The Sandbox, surged by 20.49% to $0.3629, driven by bullish technical indicators and increased on-chain activity. The token is testing the critical $0.36 resistance level, with potential targets at $0.42 and $0.48 if it breaks through. Rising active addresses and transaction counts, along with reduced exchange reserves, suggest growing interest and accumulation. However, a 54.89% spike in open interest indicates heightened speculative activity, which could lead to increased volatility.