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Everyone’s buying SNDK at 1976—but the data says they’re walking into a trap.
$SNDK /USDT - SHORT
Trade Plan:
Entry: 1968.20 – 1985.74
SL: 2086.44
TP1: 1894.87
TP2: 1840.13
TP3: 1758.03
Why this setup?
RSI on 15m is neutral at 53, but the 4h MTF bias is SHORT with 77% confidence. Price is sitting at a key resistance zone (1976.97) with TP1 at 1894.87—a 4.2% drop. Why now? ATR of 35 on 1h means volatility is tight, but the range-bound 1D trend is about to break. Short entries are waiting.
Debate:
Are you shorting SNDK at 1976 or waiting for a breakout above 1985?