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Everyone’s bullish on SNDK – but the range-bound RSI just flashed a hidden short signal.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 1547.13 – 1554.63
SL: 1586.83
TP1: 1523.91
TP2: 1505.94
TP3: 1478.97
Why this setup?
Why short now?
- 4h trend is range, not breakout – no momentum to chase.
- RSI on 15m is neutral at 50.51, meaning no overbought pressure to fake a long.
- Entry at 1550.88 with tight SL at 1586.83 gives a 2.3:1 risk-to-reward to TP1.
- Alt scenario confirms: if long fails, short is the real play.
Debate:
Is this a dead cat bounce before SNDK slides to 1523, or are shorts about to get trapped at range resistance?