Everyone’s long $SNDK /USDT—here’s why I’m waiting for the rug pull.



$SNDK /USDT - SHORT

Trade Plan:
Entry: 1665.3 – 1680.1
SL: 1743.5
TP1: 1619.6
TP2: 1584.1
TP3: 1531.0

Why this setup?
RSI on 15m is 69.03, nearly overbought, while daily trend is flat range. The 4h signal says SHORT at 1672.7 with TP1 at 1619.6—that’s 3.2% downside before any bounce. Why now? Momentum is fading, and the entry is at the range top. If 1680.1 holds as resistance, the pressure is downward.

Debate:
Are you shorting from here or waiting for a fakeout above 1680?
SNDK4.86%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned