On the SNDK 4-hour chart, the 15-minute RSI has reached 75.6—is this the prelude to a sell-off?
$SNDK /USDT - SHORT
Trading Plan:
Entry: 1545.70 – 1556.82
SL: 1604.60
TP1: 1511.25
TP2: 1484.58
TP3: 1444.57
Why pay attention to this setup?
- The current price is 1551.26, direction SHORT, with a signal strength of 55.4—not extreme, but sufficient for entry.
- The 1D trend is range, indicating that this is not a one-way market but a range-bound battle. On the 4h timeframe, the EMA has likely already turned downward.
- Key levels: TP1 is at 1511 below, TP2 at 1484, offering approximately 4.3