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Everyone is buying SNDK at 1652—here’s why I’m betting on a crash instead.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 1646.31 – 1658.57
SL: 1711.28
TP1: 1608.31
TP2: 1578.89
TP3: 1534.76
Why this setup?
RSI 15m at 58.78 shows short-term exhaustion, not strength. 4h bias is SHORT with 55% confidence, and the 1D trend is range—no breakout momentum. Entry at 1652.44 with a tight invalidation at 1658.43 means a failed bounce traps buyers. TP1 at 1608.31 is only -2.7%, but TP2 at 1578.89 gives -4.5% in a low-volatility setup. Why now? ATR 1h at 24.5 means the next move could accelerate—shorting into resistance is the play.
Debate:
Are you waiting for a retest of 1658 or jumping in now to front-run the dump?