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Everyone’s chasing the top, but SNDK’s 4h structure just whispered “short.”
$SNDK /USDT - SHORT
Trade Plan:
Entry: 1568.99 – 1576.39
SL: 1608.24
TP1: 1546.03
TP2: 1528.26
TP3: 1501.60
Why this setup?
RSI on the 15m sits at 52.91—neutral, not overbought, giving shorts room to breathe. The 1D trend is range, not uptrend, so current highs around 1572 are rejection zones. With ATR at 14.8, a move to TP1 (1546) is a 1.8% drop—low risk, high probability. Why now? Because waiting for a breakdown before entry is late.
Debate:
Are you fading this range top or buying the dip to 1546?