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【$SNDK Signal】RSI overbought + sell order gap, waiting for a pullback to go long
$SNDK RSI 4H soared to 88.22, sell order depth -71%, buy orders completely absent. Price 1469 has broken above the 4H Bollinger Band upper band at 1442, 1H momentum is contracting, funding rate is zero, open interest is stable. Short-term rally lacks strength but the trend remains intact.
🎯Direction: Long (wait for pullback to place order)
⚡Entry/Order: 1461.69 (recommended entry zone on the upper side for confirmation of pullback)
🛑Stop loss: 1177.31
🚀Target 1: 1510.06
🚀Target 2: 1620.98
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back to the entry level, exit automatically to protect capital.
Current risk-reward ratio is average, but the 4H bullish structure is complete, with a probability of continuation. Depth data indicates extreme lack of buy orders; if the price cannot hold above 1461, abandon the trade.
View real-time market 👇 $SNDK
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