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Most traders will buy $SNDK /USDT at 1567—I’m waiting for the rug.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 1563.17 – 1570.77
SL: 1603.45
TP1: 1539.61
TP2: 1521.37
TP3: 1494.01
Why this setup?
RSI on 15m is 62.49, still in neutral but creeping toward overbought in a range-bound 1D trend. The 4h signal says SHORT at 55% confidence, with entry zone 1563–1571. Why now? ATR at 15.2 suggests tight volatility—break below 1563 triggers TP1 at 1539. This is a range-top rejection setup, not a breakout.
Debate:
Are you shorting the top of the range or buying the dip at 1539?