Aliens TLDR

The Sandbox [SAND] had a run-in with the bears and terrified a lot of its investors after it lost the critical and psychological support level of $1.

But fortunately, with the market backing the altcoin, SAND managed to reclaim it.

Trading slightly above $1 became the new support level for SAND.

However, in the last week, after declining by 20%, SAND fell down and was trading at $1.01, at press time.

SAND’s depreciation from $7.91, its all-time high from November 2021, already threw more than 80% of its investors in the loss.

This maneuver might be based on the hope of a rally which may or may not come, but as long as SAND keeps above $1, this sentiment will continue dominating the investors.