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Most traders think SNDK is bottoming—the data says they’re about to get wrecked.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 1564.43 – 1572.35
SL: 1606.42
TP1: 1539.87
TP2: 1520.85
TP3: 1492.33
Why this setup?
4h SHORT bias is Armed with 55% confidence. RSI on 15m is only 43.69—no oversold relief. Daily trend is range, not bullish. ATR on 1h is 15.8, so moves are sharp. Entry at 1568.39 with TP1 at 1539.87 means a 1.8% drop is primed. Why now? Because the bounce is failing in real-time.
Debate:
Is this a dead cat bounce or the start of a cascade to TP2 at 1520?