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Everyone’s bullish on SNDK — but the 4h chart just whispered a different secret.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 1711.06 – 1721.20
SL: 1764.76
TP1: 1679.66
TP2: 1655.35
TP3: 1618.88
Why this setup?
Why now? RSI on 15m is already at 42.96, sliding toward oversold. ATR of 20.26 on 1h means volatility is tight, but the short setup is armed with a clear entry zone at 1716.13. The 1D trend is range-bound, not trending up — no momentum to save a breakout. TP1 at 1679.66 is a clean 2% drop from here.
Debate:
Is this a trap for late longs or the start of a real flush to TP2 at 1655?