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$SNDK (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 1756.00 - 1762.00
Targets:
TP1: 1739.50
TP2: 1728.50
TP3: 1714.50
Stop Loss: 1776.50
Why this Setup:
I see price stalling under the recent high area, and I want to fade the upper range if momentum stays weak. I’m looking for a rejection near resistance because the move has already extended, and a drop back through the mid-range could open the way to the prior support levels.