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Everyone’s bullish on SNDK—except the data just whispered a trap.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 1639.01 – 1662.33
SL: 1762.62
TP1: 1566.71
TP2: 1510.74
TP3: 1426.78
Why this setup?
• RSI on 15m sits dead at 49.43—no momentum, no conviction.
• 4h bias is SHORT with 55% confidence, while the 1D trend is range—not a breakout.
• Entry at 1650.67 targets TP1 at 1566.71, a clean 5% drop before resistance even flinches.
• Why now? The 1h ATR of 46.64 means volatility is compressed—range-bound assets snap hard when they break.
Debate:
Which side of 1650.67 is the lie—short to 1566 or a fakeout to 1734?