Why SNDK just flashed a signal that wiped out 80% of leveraged longs last cycle.



$SNDK /USDT - SHORT

Trade Plan:
Entry: 1713.56 – 1726.50
SL: 1782.18
TP1: 1673.42
TP2: 1642.34
TP3: 1595.73

Why this setup?
- RSI on 15m is at 36.98—already below oversold, yet the 1D trend is range, not trending down.
- Entry at 1720 with TP1 at 1673 means a -2.7% drop is the first target, but the tight 1h ATR (25.8) suggests this move may lack momentum.
- The real risk? If SNDK reclaims 1725.78, the entire SHORT setup invalidates—trapping late sellers.

Debate:
Are you shorting into a range low and hoping for a breakdown, or waiting for the invalidation at 1725 to flip long?
SNDK-12.94%
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