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Everyone’s bullish on $SNDK /USDT—my data says they’re wrong.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 1531.76 – 1539.02
SL: 1570.26
TP1: 1509.24
TP2: 1491.80
TP3: 1465.65
Why this setup?
- 4h bias is SHORT with 55% confidence, but the 1D trend is stuck in a range—no breakout momentum.
- 15m RSI at 35.7 is already oversold, meaning a dead-cat bounce could trap late shorts before the real drop.
- Entry at 1535.39 with tight TP1 at 1509.24 gives a 1.7% quick win—why wait for a bigger move that may not come?
Debate:
Is this a fakeout scalp or the start of a cascade to TP3 at 1465? Who’s shorting here?